Vladimer Quetua from the Alliance of Concerned Teachers Philippines said that for the past 10 months, the country’s inflation rate has “surpassed” the government’s 2022 target of two to four percent — closing at 8.1 percent by December 2022.
“We are practically at the end of our rope, significant salary increase should be the government’s top agenda as the year opens,” he added. “The measly salary hike installments in the past four years have failed to cushion the effects of soaring inflation, much less improve our living standards,” he said.
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