Philippines conserve energy by switching temporary to 4-day workweek
Date: Thursday, March 31 @ 04:05:06 PST
Topic: Business News; Market Research
Government offices in the Philippines are to work a four-day week for the next two months to reduce energy costs and help its flagging economy.
President Gloria Arroyo said the move was "imperative" because of soaring oil prices and a worsening fiscal position.
Inflation is running at 8.5%, jobless levels are above 11% and the budget deficit has widened to 4% of GDP.
The order will apply to all staff working in government departments as well as state-owned corporations
BBC News
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