International Development News
Development News Edition

Central bank employees to call off stir after assurance for right pay


Central bank employees to call off stir after assurance for right pay
The central bank employees went on strike on Monday to protest against draft budget proposals that would cut their pay. The general assembly will convene at 9:30 a.m. (0630 GMT). Image Credit: Flickr

Lebanese central bank employees are moving towards taking a decision to suspend a strike at their general assembly meeting on Tuesday after which work will resume, their syndicate chief told Reuters. "We are moving towards suspending the strike ... temporarily until the negotiations end with what is required," Abbas Awada said in a phone call. He cited positive developments in contacts with officials and said central bank employees wanted to show good will and to "relieve the market".

Awada said work would resume after a news conference that will follow the general assembly meeting. The central bank employees went on strike on Monday to protest against draft budget proposals that would cut their pay. The general assembly will convene at 9:30 a.m. (0630 GMT).

(With inputs from agencies.)


TRENDING

OPINION/BLOG/INTERVIEW

No lessons learnt, Delhi again facing haze and hazardous Air pollution

While the parliamentarians in the Rajya Sabha Upper House were engaged in allegations and counter allegations on Thursday, the pollution was rising outside which soon took the form of a haze....

How to turn the aging population productive, ADB shows the path

Mature and older workers are not necessarily unproductive, and they may perform continuously well in certain types of work, but their productivity in others may naturally decline. In addition, the scarcity of young-to-middle-aged workers co...

How music can help expectant mothers during pregnancy

Music provides pleasant ambience for all but its more important for expectant mothers as besides ensuring pleasant environment for them it also directly and indirectly influences the unborn babies. There are various scientific findings to c...

EdTech: A technical approach to flexible and cost-effective education

Its hight time for the world to go for innovative approaches like e-learning over traditional learning methods that need physical infrastructure, long-term planning, and huge investment. ...

Videos

Latest News

PM Modi extends birthday greetings to Mulayam Singh, wishes him long, healthy life

Prime Minister Narendra Modi on Friday wished Samajwadi Party SP patron Mulayam Singh Yadav on the latters 80th birthday. My best wishes to Mr Mulayam Singh Yadav on the special occasion of his 80th birthday. He is one of the most experienc...

UK police make new arrest in Vietnamese migrants case

London, Nov 22 AFP Detectives investigating the deaths of 39 Vietnamese nationals whose bodies were found in a refrigerated lorry in southeast England on Friday said they had made another arrest. Essex Police said a 23-year-old man from Nor...

Bharti Airtel, Vodafone Idea, Tata Teleservices file review plea in SC in AGR case

Bharti Airtel, Vodafone Idea and Tata Teleservices on Friday filed a petition in the Supreme Court seeking a review of its October 24 ruling ordering telecom companies to pay around Rs 92,000 crore to the Centre on Adjusted Gross Revenue AG...

PVR staffer's body found on DLF mall's terrace in Noida

A PVR cinema employees body with injuries on his head was found on the terrace of a shopping mall in the city on Friday, police said. The body of the employee, in his 40s, was discovered around 10.30 am after which the matter was reported t...

Give Feedback