ADDIS ABABA (AA) – The Ethiopian government on Saturday announced a 33-46 percent salary increase to the country’s 1.3 million public servants.
“Those, who are in lower pay range, will get an increment of 46 percent whereas those in highest monthly salary bracket are awarded with 33 percent increment,” Minister of Finance and Economic Development Sufian Ahmed told a press briefing.
The salary increase will cost the government an additional $500 million every fiscal year, he added.
The increment took effect as of July 8.
© 2014, Abebech Tamene Hailekal . All rights reserved. – The views expressed here are purely those of the author and not necessarily those of the publishers. – Newstime Africa content cannot be reproduced in any form – electronic or print – without prior consent of the Publishers. Copyright infringement will be pursued and perpetrators prosecuted.
7,610 total views, 7 views today