{"id":15280,"date":"2019-10-27T19:17:26","date_gmt":"2019-10-27T17:17:26","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=15280"},"modified":"2019-10-27T19:17:26","modified_gmt":"2019-10-27T17:17:26","slug":"govt-will-go-bust-mthuli-refuses-to-give-in-to-civil-servants-demand","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/govt-will-go-bust-mthuli-refuses-to-give-in-to-civil-servants-demand","title":{"rendered":"\u2018Govt Will Go Bust\u2019, Mthuli Refuses To Give In To Civil Servants\u2019 Demand"},"content":{"rendered":"

Finance and Economic Development Minister Mthuli Ncube<\/a> says the government cannot afford to peg civil servants\u2019 salaries at the prevailing US-RTGS interbank rates.<\/p>\n

Speaking to reporters during the anti-sanctions rally at the National Sports Stadium on Friday, Ncube argued that the government would go bust if it gives in to civil servants\u2019 demands. He said:<\/p>\n

We cannot afford to do it, where is the exchange rate now? 1:15? Can you imagine if we were to multiply those salaries by a factor of 1 to 15 which is what I am hearing?<\/p>\n

We would rather do it in a sustainable way, in a gradual way and I think we have tried our best, we cannot afford it. As a government, we will bust.<\/p>\n

Doctors at the country\u2019s public hospitals, who have been on strike for over a month, have demanded that the government reverts to their USD salaries and convert them at the interbank rate.<\/p>\n

Members of the Amalgamated Rural Teachers\u2019 Union of Zimbabwe (ARTUZ) have also demanded interbank rate-indexed salaries.<\/p>\n","protected":false},"excerpt":{"rendered":"

Finance and Economic Development Minister Mthuli Ncube says the government cannot afford to peg civil servants\u2019 salaries at the prevailing US-RTGS interbank rates. Speaking to reporters during the anti-sanctions rally at the National Sports Stadium on Friday, Ncube argued that the government would go bust if it gives in to civil servants\u2019 demands. He said: […]<\/p>\n","protected":false},"author":84,"featured_media":1288,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[258,150,371],"class_list":{"0":"post-15280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-civil-servants","10":"tag-ncube","11":"tag-rtgs"},"yoast_head":"\n\u2018Govt Will Go Bust\u2019, Mthuli Refuses To Give In To Civil Servants\u2019 Demand - zimbabwe<\/title>\n<meta name=\"description\" content=\"Finance and Economic Development Minister Mthuli Ncube says the government cannot afford to peg civil servants\u2019 salaries at the prevailing\" \/>\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\/zimbabwe\/all-news\/govt-will-go-bust-mthuli-refuses-to-give-in-to-civil-servants-demand\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Govt Will Go Bust\u2019, Mthuli Refuses To Give In To Civil Servants\u2019 Demand\" \/>\n<meta property=\"og:description\" content=\"Finance and Economic Development Minister Mthuli Ncube says the government cannot afford to peg civil servants\u2019 salaries at the prevailing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-will-go-bust-mthuli-refuses-to-give-in-to-civil-servants-demand\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-27T17:17:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/Mthuli-Ncube-2-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1602\" \/>\n\t<meta property=\"og:image:height\" content=\"1602\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-will-go-bust-mthuli-refuses-to-give-in-to-civil-servants-demand\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/govt-will-go-bust-mthuli-refuses-to-give-in-to-civil-servants-demand\",\"name\":\"\u2018Govt Will Go Bust\u2019, Mthuli Refuses To Give In To Civil Servants\u2019 Demand - 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