The president’s economic advisory panel has warned that public service wages and growing debt obligations are eating a bigger portion of state revenue – citing massive salary increases and rapid progression of government workers as a cause.
Citing the unreleased economic recovery plan compiled by the panel, Rapport broke down how every R10 brought in by the government is spent: R3 goes to welfare and social grants;
R3 goes to paying public sector salaries; R1 goes to servicing debt; and R3 goes to actual service delivery. The paper highlighted how the growing public sector wage bill had reached such a […]
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