A generationMinister Amélie de Montchalin on Monday 14 March at the Parisian The index point value used to calculate the compensation of nearly 5.7 million public officials will be unfrozen “before the summer” for the first time since February 2017. Discussions (…) with all stakeholders to make it work as we want by the summer”, declared the Minister for Transformation and Human Services, who has so far supported more targeted upgrades.
But “there is a new factor today: inflation persists, it is strong and persistent”, the minister stressed in an interview with the newspaper. Consumer prices rose 3.6% in February from a year earlier, driven by soaring energy prices and the intensifying conflict between Russia and Ukraine, according to preliminary estimates from INSEE. On Sunday, the Banque de France expected the harmonized consumer price index to rise between 3.7% and 4.4% in 2022.
‘This is not a political decision’
The “point” thaw is a policy breakthrough by the government’s refusal to operate the lever of general interest rate hikes from the beginning of the five-year term.Emmanuel Macron. Less than a month before the first round of the presidential election, the ministryAFP This reversal is determined “in accordance with economic determinants”.
He further noted that “this is not a political decision but a shock absorber to protect the purchasing power of civil servants” and contract workers. In addition to unfreezing the value of the points, Amélie de Montchalin has committed to act on the mileage allowance the agent receives from using his personal vehicle, as part of his responsibilities. “For private sector employees, we will increase by at least 10%,” the minister said Parisianand “This measure will take effect in the next few days.»