Mozambique: Government Promised IMF Big Wage and Staff Cuts ...Middle East

allafrica - Economy
Mozambique: Government Promised IMF Big Wage and Staff Cuts
[Mozambique News Reports And Clippings] The government promised the IMF big wage and staff cuts in order to gain IMF approval in May of a $456 mn Extended Credit Facility. The total civil service wage bill is to be cut by 17% by 2026, a cut of $425 mn per year from a peak in 2023. Staff cuts will be achieved "by replacing only one in three civil servants leaving the civil service, except in education, health, justice and agriculture."

Hence then, the article about mozambique government promised imf big wage and staff cuts was published today ( ) and is available on allafrica ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Mozambique: Government Promised IMF Big Wage and Staff Cuts )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News