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Wednesday, October 16, 2024
HomeBusinessMthuli Ncube Speaks On Civil Servants Bonuses

Mthuli Ncube Speaks On Civil Servants Bonuses

Finance and Economic Development Minister Professor Mthuli Ncube has said his Ministry is not yet sure whether Civil Servants will receive their 11th check or not.

Ncube said his office is yet to consult with the President and other stakeholders on whether they should allocate the bonuses or not.

“I can’t say whether (bonuses of civil servants) will be there or not, but it is an issue that we are looking at. We will consult with the President and other stakeholders, but in this Budget, we will show that we are serious about cutting expenditure,” said Ncube.

According to Ncube,government is yet to announce some measures which includes  cutting down the civil service wage bill among others on  22 November.

“Treasury will cut the civil service wage bill, which stands at $300 million per month, by $60 million.

“I am confident that we will make a lot of progress, you will see the measures in our Budget, and (the) tentative date is 22 November.

“Government wages are about $300 million a month, so if we are reducing that from 70 to 50 percent (of expenditure), so we will save about $50 million to $60 million, which over time is what we would want to save on a monthly basis. This is the trajectory over the next three year,” added Ncube.

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Government has been struggling to pay Civil Servants bonuses on time forcing it to schedule the dates.

 

 

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