Ašeradens: rapid public-sector wage growth was a macroeconomic mistake
Arvils Ašeradens, the New Unity candidate for prime minister, has said in an interview that public-sector wages growing consistently faster than private-sector wages was a macroeconomic mistake. He made the remark on LETA's podcast "Politiķi! Kas tas vispār bija?".
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Arvils Ašeradens, the New Unity (JV) party's candidate for the post of prime minister, has acknowledged that the state made a macroeconomic mistake regarding public-sector pay policy.
According to him, the issue lies in the fact that wages in the public sector have for a long period grown faster than wages in the private sector. He made this assessment in an interview for the LETA news agency's podcast "Politiķi! Kas tas vispār bija?".
Ašeradens framed the statement as an open admission of error, indicating that disproportionate wage growth in public administration and other public-sector areas, compared with private business, was not economically justified.
The source material does not specify which particular decisions or time periods are considered the cause of this mistake.
