LIAM KENT: Let's support SRC’s initiative to tame public wage bill

It has not achieved the requirements of PFM regulations (2015)

In Summary

•However, more needs to be done to achieve a wage bill of 35 per cent of ordinary revenue, as per the PFM regulations (2015)

•A high public sector wage bill crowds out spending on development and negatively affects the government’s ability to render services.

The public sector wage bill comprises wages, salaries, allowances and other benefits awarded to all public sector employees as compensation for services delivered.

A wage bill that does not ...

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