Minister Geoffrey Wever admits: Still Searching for a Formula to improve the Quality of Life

The Minister of Economic Affairs, Geoffrey Wever, responded to the growing concerns expressed in Parliament about the deterioration of the purchasing power of the population, emphasizing the government’s efforts to address this issue.

During a recent session in Parliament, the concern was discussed that, despite the apparent improvements in the country’s economic outlook, many citizens are still facing financial difficulties and struggling to meet their families’ basic needs.

Minister Wever emphasized that the government is taking concrete measures to ensure greater economic and financial stability. He noted that while the economy has stabilized in certain aspects and public finances show signs of stability, it is crucial to translate these improvements into tangible benefits for the community.

One of the notable initiatives by the Minister is the development of a “purchasing power module,” a tool that allows for calculating how to improve citizens’ purchasing power. This measure, recently presented in Parliament, provides the government with the capability to evaluate and improve purchasing power more effectively.

Additionally, the Minister highlighted the collaboration between various ministries, including the Ministry of Social Affairs and the Central Bureau of Statistics (CBS), to identify and support vulnerable groups within the community. It is hoped that these concrete actions, including adjustments to the indexation of public sector salaries, will benefit broader sectors of the population.

The recent meeting at the government office was a significant step in this process, where the plan and actions to address the raised concerns were discussed in detail. The government is committed to continuing to work in close collaboration with different stakeholders to implement concrete measures that improve the economic well-being of all citizens.

In summary, the government is adopting a proactive and collaborative approach to address concerns about purchasing power, recognizing the need for specific measures and coordinated actions to ensure that all individuals in society enjoy a decent and sustainable quality of life.