Latest News Editor's Choice


News / National

Chinamasa pay rise headache

by Staff reporter
06 Jul 2018 at 08:20hrs | Views
The Zimbabwean government says it is worried about treasury's widening budget deficit after it raised civil servants salaries but is hoping improvement in economic performance will help the country generate sufficient revenues to close the gap.

Zimbabwe is spending nearly 90 percent of fiscal revenues on state employees' salaries, leaving it with little financial resources to invest in key infrastructure projects.

More to follow...


Source - Business Weekly
More on: #Chinamasa, #Pay, #Rise