Government To Contain Ballooning Expenditure Through Cutting Public Sector Jobs

Recently appointed Finance Minister, Professor Mthuli Ncube aims to stem the government’s ballooning expenditure by cutting down public sector Jobs. Mthuli Ncube said job cuts were among austerity measures needed to revive the moribund economy as Zimbabwe suffocates under a strangulating debt of $16.9bn.

Ncube said the government, which currently has a workforce of over 300 000, will target for purging, jobs held by workers due for retirement and “those who are not correctly positioned in their positions

Said Ncube:

We are going to do that (job cuts). Trying to restructure your workforce is never easy. It’s painful, it’s emotional and can be a traumatic process but still necessary.

 

More: News 24

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