It created a state-controlled level of wages that was tied to the level of inflation and taxed all companies that exceeded those wage rise limits. In 1991, the tax was lifted for privately-held companies, and the following year, it was withdrawn altogether.
This policy established a government-controlled wage level adjusted to inflation and imposed a tax on businesses exceeding those wage increases. In 1991, the tax was eliminated for privately held companies, and the following year, it was entirely withdrawn.