{"id":39157,"date":"2023-05-22T09:49:08","date_gmt":"2023-05-22T09:49:08","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/the-imf-did-not-recommend-lowering-salaries-of-state-officials-and-agents"},"modified":"2023-05-22T17:15:13","modified_gmt":"2023-05-22T17:15:13","slug":"the-imf-did-not-recommend-lowering-salaries-of-state-officials-and-agents","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/the-imf-did-not-recommend-lowering-salaries-of-state-officials-and-agents","title":{"rendered":"The IMF \u201cdid not\u201d recommend lowering salaries of state officials and agents"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>The Minister of Economy and Finance, Ernesto Max Tonela, clarified last Thursday (11-05) in statements to newspaper @Verdade that the International Monetary Fund (IMF) \u201cdid not\u201d recommend that the new salaries of State Employees and Agents in Mozambique be reduced.<\/p>\n<p>Most of the media speculated that the IMF mission led by Mr. Pablo Lopez Murphy who was in Maputo between the 24th of April and the 5th of Ma, had recommended in its final communique\u0301 that the government cut the recently increased salaries of public servants.<\/p>\n<p>Speaking exclusively to @Verdade, Minister Tonela clarified that this interpretation is wrong: the IMF \u201cdid not make that recommendation; it even encouraged the government to take the measures it is taking\u201d.<\/p>\n<p>The IMF\u2019s recommendation to \u201cproceed with additional measures to reduce the annual wage bill to its approved budget level,\u201d has\u201d nothing to do with the Single Salary Table [TSU],\u201d The Minister of Economy and Finance said..<\/p>\n<p>The @Verdade newspaper has learned that the IMF recommendation, which is not new, is to reduce the wage bill as a proportion of gross domestic product (GDP). In 2021 the wage bill was 11.8% of GDP, rising to 13.7% percent last year and set to rise to 14% of GDP in 2023.<\/p>\n<p>The government expects to reduce the civil service wage bill to 11.1% of GDP in 2025, in a context of implementation of the Single Salary Table (TSU) and the first export revenues from the Rovuma Basin natural gas.<\/p>\n<p>The IMF\u2019s recommendation is that the wage bill does not exceed 10% of GDP.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. The Minister of Economy and Finance, Ernesto Max Tonela, clarified last Thursday (11-05) in statements to newspaper @Verdade that the International Monetary Fund (IMF) \u201cdid not\u201d recommend that the new salaries of State Employees and Agents in Mozambique be reduced. Most of the media speculated that the IMF mission led by Mr. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":39156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-39157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The IMF \u201cdid not\u201d recommend lowering salaries of state officials and agents - Mozambique<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/the-imf-did-not-recommend-lowering-salaries-of-state-officials-and-agents\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The IMF \u201cdid not\u201d recommend lowering salaries of state officials and agents\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Mozambique. The Minister of Economy and Finance, Ernesto Max Tonela, clarified last Thursday (11-05) in statements to newspaper @Verdade that the International Monetary Fund (IMF) \u201cdid not\u201d recommend that the new salaries of State Employees and Agents in Mozambique be reduced. 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