Opinion

Compromise on civil servants' pay is crucial for the whole country

28 February 2021 - 00:03 By Editorial

A year ago finance minister Tito Mboweni tabled a budget that pencilled in R160bn worth of savings on the public sector wage bill to cut the rapidly climbing debt burden, projecting a deficit of just under 7%.

One pandemic later, the deficit has doubled, debt is spiralling towards 100% of the size of the economy and the minister has tabled a budget that relies on a total of R303bn of savings in the public sector wage bill to evade an imminent debt crisis...

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