3 Days
Source:
صدى البلد
Walid Jabballah: Wage hikes boost markets and demand
Economic expert Walid Jabalah confirmed that the recent increases in wages and pensions contribute to stimulating the economy by boosting spending and demand in the market, which enhances commercial activity. He explained that these increases lead to higher demand for goods and services, and that the government is implementing regulatory measures to address the rising prices resulting from this, such as intensifying surveillance and organizing goods exhibitions. He also pointed out that the current inflation is not primarily due to wage increases but is mostly attributable to external factors such as political disturbances, global wars, and worldwide price hikes.
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