Government Yet To Fire More Civil Servants
Published: 2016 March 15 06:07:34 (3168 Views)
Government has reassured that it will reduce its wage bill to 52 percent from 82 percent of expenditure by 2019, as part of reforms to turn around the economy.
Finance and Economic Development Minister Patrick Chinamasa said this after meeting the International Monetary Fund team that visited the country last week for Article IV consultations and review of the staff monitored programme.
IMF mission chief Domenic Fanizza last week said due to the government's crippling financial limitations, it needs to keep its primary accounts close to balance, get fresh lines of credit as well as significant investment to support economic activity.
The IMF and World Bank have repeatedly called on the authorities to cut its wage bill and redirect the funds to critical areas such as health, education and infrastructure, which are not in the best state.
Some of the suggested ways to trim the wage bill included adoption of centralised staff recruitment, merging some departments, streamlining roles or functions of departments and cutting salary support.
- Chronicle
Finance and Economic Development Minister Patrick Chinamasa said this after meeting the International Monetary Fund team that visited the country last week for Article IV consultations and review of the staff monitored programme.
IMF mission chief Domenic Fanizza last week said due to the government's crippling financial limitations, it needs to keep its primary accounts close to balance, get fresh lines of credit as well as significant investment to support economic activity.
The IMF and World Bank have repeatedly called on the authorities to cut its wage bill and redirect the funds to critical areas such as health, education and infrastructure, which are not in the best state.
Some of the suggested ways to trim the wage bill included adoption of centralised staff recruitment, merging some departments, streamlining roles or functions of departments and cutting salary support.
- Chronicle
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