Fiscal Policy FP 2018

Create fiscal space through rationalisation and cost cutting measures Inauguration Speech August 26, 2018
In progress
Jan 2019

Ministerial vehicles suspended January 13, 2019

Government has suspended the purchase of condition of service vehicles for all ministers, with the money now being used to purchase a fleet of new ambulances for public health facilities, Finance and Economic Development Minister Professor Mthuli Ncube has said.

Nov 2018

Government bigwigs get pay cuts November 23, 2018

Ncube announced an intention to cut the salaries of cabinet ministers and senior civil servants by 5%. “Effective January 1 2019, a 5% cut on basic salary be effected for all senior positions, from principal directors, permanent secretaries and their equivalents, up to deputy ministers, ministers and the presidium. “This is also extended to basic salaries of those in designated posts in state-owned enterprises (CEOs, executive directors and equivalent grades),” he said.

Oct 2018

Govt to trim civil service October 08, 2018

Government says civil service is top heavy and needs to shed off excess employees as part of its restructuring exercise, Transitional Stabilisation Programme (TSP) report revealed.