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Civil Servants In Fresh USD Indexed Salaries Bid

3 years agoFri, 03 Apr 2020 05:54:13 GMT
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Civil Servants In Fresh USD Indexed Salaries Bid

Civil servants’ representatives have said they will meet as soon as the 21-day lockdown is lifted and assess the pricing of basic commodities, issues to do with rentals, transport and other basic essentials before they approach the government for an upward review of salaries.

Apex council secretary David Dzatsunga told the Zimbabwe Independent that the Reserve Bank of Zimbabwe and the government have assured civil servants of the availability of funds. Said Dzatsunga:

… rest assured, civil servants are looking at US dollar or foreign currency-denominated salaries because our local currency does not work anymore.

We have held several meetings with the employer and officials from the central bank and they have assured us that the country has enough foreign currency.

They have also assured us that they are in the process of enhancing revenue collection in the country.

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So, the issue of money is not an issue at all at this stage if we are to go by what we have been told by the government and monetary authorities.

Central Bank governor John Panonetsa Mangudya in March announced that regulations to do with the use of foreign currency had been relaxed to allow individuals with free funds to transact locally using forex.

The announcement has, however, re-ignited civil servants’ hopes of getting their salaries in foreign currency following the precipitous fall in the value of the local unit against major currencies.

More: The Independent

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