Zimbabwean Ministers Face Salary Cuts

Finance Minister Patrick Chinamasa presenting the 2016 national budget
Finance Minister Patrick Chinamasa presenting the 2016 national budget

The Zimbabwe Government has finally succumbed to pressure to cut recurrent expenditure and an unsustainable wage bill, currently gobbling over 96% of the US$4 billion budget, by adopting a raft of measures, including slashing salaries of cabinet ministers and other employees, closing embassies, cutting foreign trips as well as implementing a massive retrenchment exercise. READ MORE OF THIS STORY

SOURCES: NEWS Now/The Zimbabwe Independent Online

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About Cholo Brooks 14321 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.