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*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?vx 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: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > 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 _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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