News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Govt says freeze on recruitment has lowered wage bill to 65 percent of revenue* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?zl The government has said that its decision to freeze recruiting workers in the public sector has resulted in monthly savings of $10 million from the wage bill, which now stands at 65 percent of revenue. Finance secretary, Willard Manungo told the Parliamentary Portfolio Committee on Finance on Monday: ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- > The bid taken by government to try and contain recurrent expenditure, especially those to do with the wage bill is that we are now saving $10 million per month in terms of how much we are spending on employment costs. > However, the revenues have not responded positively and there is still a mismatch between expenditure and revenue realisation, and the biggest challenge remains the issue of employment costs where we continue to spend 65 percent of the budget just on wages. More: Financial Gazette itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback