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localCost-cutting measures

Gov't to slash salaries of senior officials who receive over 20k as basic salary

7 މެއި 2020 | ބުރާސްފަތި 12:54

Under the decision, salaries will be slashed up to 35%

ޒުނާނާ ޒާލިފް
Zunana Zalif | 7 މެއި 2020 | ބުރާސްފަތި 12:54
Finance Minister Ibrahim Ameer at an NEOC press on Thursday

Finance Minister Ibrahim Ameer at an NEOC press on Thursday

Minister of Finance, Ibrahim Ameer has revealed the government’s decision to slash the salaries of senior government employees by more than 20%.

Joining the routinely press briefing at the National Emergency Operations Center (NEOC) on Thursday afternoon to provide the latest updates regarding the Covid-19 impacts, the minister noted that the decision was reached as no changes have been observed to the state finances so far and because the government predicts things to get worse in the coming days.

According to the protocol that was followed earlier, the government reduced salaries for those in posts above the deputy ministerial level.

Wages will not be cut for state employees who receive under MVR 20,000 and they are to be as follows:

Senior-ranking officials at commissions, contract staff at ministries as well as consultants will be subject to these amendments. The ministry has also decided to cap the total amount in salaries for all state employees.

The ministry will be publicizing a circular detailing the cost-cutting measures, soon.

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