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The Trinidad Guardian -IMF tells Govt to stop Cola

The Trinidad Guardian -: "AN official of the International Monetary Fund yesterday advised the Government to stop including Cost of Living Allowance (Cola) clauses in wage settlements as they entrench inflation.
Delivering a statement at a news conference at the Ministry of Finance yesterday, IMF official Max Alier said the IMF team that was in T&T for the last two weeks had learnt that some recent wage settlements have included Cola clauses. "

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