Due to the current economic situation in Zimbabwe the government has decided to suspend bonuses for the civil servants.The civil servants will not receive taxes until 2017 according to the Z.B.C. a state owned television station in Zimbabwe.
 |
| Finance Minister Honorable P Chinamasa |
Recently Zimbabwe has been receiving poor taxes due to the closing of companies in the country. Many people have lost their jobs and students from universities have been transformed to become vendors.This shows the situation that could have led to such a move by the government.
The Zimbabwe's economy is not recovering but becoming worse with a lot of people living bellow the poverty datum line. What has been the bread basket of Africa is now the begging basket of the world. Zimbabwe needs good economic policies to counter the situation in the country. There is need for the ZimAsset economic blue print to produce fruits it is expected to bear.
No comments:
Post a Comment