Staff Monitored Program (SMP)

Finance minister on Thursday said government plans to cut the public sector wage bill to 40 percent of total revenue from the current 80 percent. The development signals a move to reduce the government’s bloated civil service, amid a lower economic growth forecast of 1,5 percent from the initial 3,2 percent. Presenting the Mid-Term Fiscal Review in Parliament on Thursday, Patrick Chinamasa said 83 percent of government’s $2 billion costs were going to the salaries of…