Cash sweetener for public servants to cost R18 billion
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The government recently improved its public sector wage offer to include a 1.5% pay progression increase and a monthly cash gratuity. The cash gratuity has not been factored into budget projections and will cost the government about R18 billion. Business Day TV's Alishia Seckam spoke to Azar Jammine, Chief Economist at Econometrix for his assessment of the move and how it impacts the fiscal framework.