Categories: Stories

Tough festive season for civil servants

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.

(62 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on December 28, 2015 1:46 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Are Zimbabweans giving social media more credit than it deserves?

The role of social media on how people get their news in Zimbabwe is being…

May 3, 2024

Top 20 countries in debt to China- Zimbabwe is not one of them

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…

May 1, 2024

Is Zimbabwe now on the right track?

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…

April 30, 2024

Watch: RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…

April 29, 2024

US loses its place as most influential power in Africa to China

The United States lost its place as the most influential global power in Africa last…

April 27, 2024

Zimbabwe central bank chief says street forex dealers cannot destabilise the ZiG

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…

April 26, 2024