Carte Blanche with Perry
Carte Blanche with Perry
Perry Munzwembiri
Civil service US dollar allowances: Another money printing dalliance by government?
14 minutes Posted Jun 26, 2020 at 2:25 am.
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Show notes
Government recently announced a Covid-19 allowance of a non-taxable US$75 a month for the civil service. In addition, it also effected a 50% increase of the ZWL dollar salaries, to quell unrest in the civil service as the cost of living continues to rise. In this episode, I look at whether government can afford this, where this money will come from, and what this all means for the broader economy.