🔒 Finance Minister Tito Mboweni sees a reduced wage bill as a key reform to get the state’s finances back on track.
Tito Mboweni said the government still needed to discuss these and other solutions with labour. An update will be announced in the 2020 budget.
The proposals to address the problem would cut the public sector wage bill — which accounts for 35% of the consolidated national budget. “After adjusting for inflation, this is more than double the number of civil servants earning more than R1-million in 2006-07.”
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