• Home
  • About Us
  • Contact Us
  • Submit Press Release
  • Sitemap
Africa News Wire
  • General
  • Business Affairs
  • Lifestyle
  • Health Care
  • Sports
  • Legal
  • Study
  • National
  • Press Releases
  • Home
  • General
  • Rotich issues warning on increasing wage bill

Rotich issues warning on increasing wage bill

WebDesk
March 11, 2014 Comments Off on Rotich issues warning on increasing wage bill

NAIROBI: CABINET Secretary for Treasury, Henry Rotich, has cautioned that the country’s current high wage bill could lead to an unsustainable public debt and large fiscal deficits.

He raised concern that Kenya’s total wage bill in the public sector had continued to increase over the years.

“This is due to an increase in the number of employees as well as an increase in the average wage,” he said.

Rotich added that a significant amount of employee compensation was in allowances saying the number of comprehensive bargaining agreements entered into by the government and different trade unions contributed to the ballooning wage bill.

He said the huge wage bill strained government budget and denied the economy the much-needed resources for infrastructure and social services like health and education.

In the last financial year, Rotich said, the wage bill accounted for Sh 458.7 billion with the central government taking the highest portion of this at Sh 295 billion while Semi Autonomous Government Agencies accounted for Sh 141.8 billion. County government accounted for Sh 21.60 billion.

Rotich said that the present financial year (2013/14) was expected to see a rise in the county government expenditure on wages due to the aggressive recruitment processes that the counties had been undertaking to fill various positions.

“The task is to make adjustments on the pay reviews and subject them to an iterative process to arrive at an appropriate remuneration proposal that is fiscally sustainable,” said Rotich.

Reduction of salaries has however met opposition from various quarters including teachers with Kenya National Union of Teachers (KNUT) insisting teachers would not be ceding any percentage of their salary but would however be asking for an increase in order to bridge disparities.

SOURCE: CAJ NEWS AGENCY

Post navigation

Motorists heave license sigh of relief
Laptop project a global success story

Related Articles

Uganda Court Orders Opposition Leader Released from House Arrest

- General
January 25, 2021January 26, 2021

Turkey: No Word from Pirates Who Seized Sailors off Nigeria

- General
January 25, 2021January 26, 2021

Eulogy by the Deputy President, His Excellency David Mabuza, at the virtual memorial service for the late Minister in The Presidency, Mr Jackson Mphikwa Mthembu

- General
January 25, 2021January 26, 2021

News Search

Page Links

  • Home
  • About Us
  • Contact Us
  • Submit Press Release
  • Sitemap

Advertisement

MonthlyArchives

Advertisement

News Archives

January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Dec    
© Copyright 2021 - Africa News Wire. All Rights Reserved
  • Home
  • About Us
  • Contact Us
  • Submit Press Release
  • Sitemap