The Prime Minister, António Costa, emphasized this Saturday that the signed reinforcement of the Income Improvement Agreement provides for increases in wages and the competitiveness of companies, confirming the “centrality of social dialogue as a fundamental pillar of democratic life”.
“This law is very important from the start to confirm the central role of social dialogue as a fundamental pillar of our democratic life,” Costa insisted at a press conference after the signing of the agreement, thanking the social partners for their “very dedicated work, with little marketing ‘but a lot of effective desire to implement it’, which made it possible to arrive at the agreement now signed.
“The minimum wage will be updated by 7.9%. This concerns an increase of 60 euros. As far as I am concerned, it is the largest annual increase in the minimum wage that has ever taken place,” the Prime Minister emphasizes.
The government signed on Saturday with the central union União Geral de Trabalhadores (UGT) and with the employers’ organizations Confederação dos Agricultores de Portugal (CAP), Confederação do Comércio e Serviços de Portugal (CCP) and Confederação do Turismo de Portugal (CTP). ) a strengthening of the medium-term agreement to improve incomes, wages and competitiveness, in particular increasing the value of the national minimum wage to 820 euros for next year.
With the signing of this agreement – which takes place days before the presentation to parliament, on Tuesday, of the proposed state budget for 2024 (OE2024) – the CGTP (which represents the pact signed last year and which has now been revised) are no longer signed. ) and the CIP.
Source: DN
