Civil servants will only receive their December salaries next week, while teachers who form the bulk of government employees will be paid tomorrow, signifying the tough times the government is facing.
The government announced last week that teachers who were initially told they would be paid today, 28 December will now be paid tomorrow, 29 December, while the rest of the civil servants will be paid on 5 January.
Finance Minister Patrick Chinamasa last month announced a standstill budget for 2016 with more than 90 percent of the budget going to salaries and other employment costs.
The Ministry of Home Affairs under which police and immigration fall was given practically an operation budget of $900 000.
Zimbabwe is facing a liquidity crunch which the opposition blames on legitimacy and squabbles over succession but Chinamasa has proposed to pay the country’s arrears to the international monetary institutions totaling nearly $2 billion by April to open up credit lines.
It is not clear how the country will survive until its gets the rescue package as all projections are that it will get less revenue than it budgeted for.
(69 VIEWS)
This post was last modified on %s = human-readable time difference 1:46 pm
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…
The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…
Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…
Zimbabwe’s capital, Harare, which is a metropolitan province, is the least democratic province in the…
Nearly 80% of Zimbabweans are against the extension of the president’s term in office, according…
The government is the biggest loser when there is a discrepancy between the official exchange…