A man fortunate enough to have work holds his monthly wages, equal to just over GBP80. His pay includes a travel allowance which, due to inflation, is now greater than the salary itself. The cost of living doubled as Zimbabwe's annual inflation reached 3,700%.
Zimbabwe: Secret Lives, Guardian UK
The pay commission has proposed that the recommendations should be implemented with effect from January 1, 2006, and this would entail a huge cost to the exchequer. Given the current trends, sources said, the implementation of recommendations is also expected to contribute to the rising inflation. “The best policy for the government is definitely to wait and watch what shape the current political developments take. Obviously, speedy implementation would depend on the very survival of the government,” they added. Click link below for full details:
Pay panel report stuck in political uncertainty
Friday, July 18, 2008
SCPC: Empowered Pay Panel Report Stuck?
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Neither the "Report my Signal -Blogs" nor the individual authors of any material on these Blogs accept responsibility for any loss or damage caused (including through negligence), which anyone may directly or indirectly suffer arising out of use of or reliance on information contained in or accessed through these Blogs.
This is not an official Blog site. This forum is run by team of ex- Corps of Signals, Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, Director General of Signals or Government/ State.
The Report My Signal Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The Blog Team is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the blog in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
Blog Moderator: Lt Col James Kanagaraj (Retd)
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