{"id":19730,"date":"2023-09-27T10:15:43","date_gmt":"2023-09-27T10:15:43","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/bcv-salary-increase-is-to-correct-internal-dysfunction-in-the-remuneration-system-olavo-correia"},"modified":"2023-09-27T10:40:13","modified_gmt":"2023-09-27T10:40:13","slug":"bcv-salary-increase-is-to-correct-internal-dysfunction-in-the-remuneration-system-olavo-correia","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/bcv-salary-increase-is-to-correct-internal-dysfunction-in-the-remuneration-system-olavo-correia","title":{"rendered":"BCV: Salary increase is to correct \u201cinternal dysfunction\u201d in the remuneration system \u2013 Olavo Correia"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>City of Praia, September 25th (Inforpress) \u2013 The deputy prime minister clarified today that the salary increase for the governor and administrators of the BCV goes towards correcting an \u201cinternal dysfunction\u201d at the level of the remuneration system and following a proposal from the Commission of Institution salaries.<\/p>\n

At a press conference in Praia, Olavo Correia said that the Remuneration Committee annually analyses the internal context of the institution and that, as a result, it has made this proposal to the Council of Ministers for a salary adjustment of around 17 per cent (%) of the salaries of the governor and administrators of Banco de Cabo Verde (BCV).<\/p>\n

\u201cIn this specific case, the remuneration of BCV\u2019s board of directors had not been updated since 2019 and, taking into account existing internal remuneration issues, the Remuneration Committee analysed the context in order to avoid imbalances, mismatches and dysfunctionalities,\u201d he explained.<\/p>\n

The Remuneration Committee is made up of a member of the government, the chairman of the BCV\u2019s supervisory board, appointed under the organic law, and another member appointed by the institution itself.<\/p>\n

For More News And Analysis About Cape verde<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Cape verde. City of Praia, September 25th (Inforpress) \u2013 The deputy prime minister clarified today that the salary increase for the governor and administrators of the BCV goes towards correcting an \u201cinternal dysfunction\u201d at the level of the remuneration system and following a proposal from the Commission of Institution salaries. At a press […]<\/p>\n","protected":false},"author":84,"featured_media":19729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,331,328],"class_list":["post-19730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nBCV: Salary increase is to correct \u201cinternal dysfunction\u201d in the remuneration system \u2013 Olavo Correia - Cape Verde<\/title>\n<meta name=\"description\" content=\"City of Praia, September 25th (Inforpress) \u2013 The deputy prime minister clarified today that the salary increase for the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/bcv-salary-increase-is-to-correct-internal-dysfunction-in-the-remuneration-system-olavo-correia\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BCV: Salary increase is to correct \u201cinternal dysfunction\u201d in the remuneration system \u2013 Olavo Correia - 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