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May 6, 2021

P.S.U. Says Superbond May Be Affecting Talks

Gerald Henry

The reported pressure that G.O.B. is facing from superbond holders may also be having a rippling effect on ongoing negotiations with the joint unions.  Today, President of the P.S.U., Gerald Henry explained that the added external pressure may be causing the government to stick to the ten percent cut.

 

Gerald Henry, President, P.S.U.

“I would imagine that the pressure must be great on them for them to be sticking with the ten percent cut at this time. And so, that is the reason why the discussions have been very difficult, and we have not been able to move as fast as we would have liked. And so the pressure is on them I believe. But we are still hopeful that we will be able to breakthrough and get reduction in the ten percent. But we will have to wait and see.”


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