President Dr. Irfaan Ali on Tuesday announced that individuals with various academic degrees will receive new monthly qualification allowances from January, 2025.
The President, after announcing a 10% retroactive 2024 salary increase for public servants, detailed the breakdown of the new allowances.
Individuals with their qualification from the Association of Chartered Certified Accountants (ACCA) will get a monthly allowance of $15,000.
Those with a Master’s Degree will get $22,000 monthly, and those with a doctoral degree, $32,000 monthly.
“This is in-keeping with our commitment of incentivising education, incentivising training and the development of our human capital,” the Head of State said.
Public servants to get 10% salary increase this year, 8% next year
