International Monetary Fund (IMF)

NAPWU clueless about Gvt retrenchment plans

NAPWU clueless about Gvt retrenchment plans

Kandjemuni Kamuiiri The Namibia Public Workers Union (NAPWU) says it’s not aware and has not been consulted over government plans contained in an International Monetary Fund (IMF) funding proposal to implement an early retirement scheme during financial year 2022/2023-2023/2024 as a means to contain the civil service wage bill. Although it’s not clear how many government employees will be affected if government moves ahead with the proposal contained in the IMF’s staff supports authorities’ medium-term fiscal consolidation strategy to preserve fiscal and debt sustainability, the measures are aimed at reducing its huge public service wage bill. Namibia according to government…
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