Thursday, June 12, 2008

President of Central Bank: Public Sector Salary Policy is Idiotic

Nout Wellink, president of the Dutch Central Bank, has said that the policy that the prime minister’s salary is the maximum for public servants is “idiotic.” He added that the prime minister’s position “is the only function for which there is no market. The prime minister can be an excellent person but also a misfit.” Wellink proposed that a reasonable level for salaries in the public sector be fixed and only then should the salaries of ministers be determined.

No comments: