Govt gazettes new minimum wage to take effect Jan 1 – The Nation Online

Govt gazettes new minimum wage to take effect Jan 1 – The Nation Online: Government has formalised the new minimum wage to come into effect on January 1 2020 by publishing the new law in the Government Gazette notice number 68 under the Employment Act (Amendment) 2019.

However, Malawi Congress of Trade Union (MCTU) secretary general Dennis Kalekeni, in a telephone interview said the union will lodge a formal complaint with the Ministry of Labour, Skills and Innovation to protest the decision to delay implementation of the new minimum wage by six months after passage of the budget.

Wage bill rise sustainable—IMF - The Nation Online

Wage bill rise sustainable—IMF - The Nation Online:

The International Monetary Fund (IMF) has backed the increase in the wage bill, saying it will 

not change the implementation of the current budget. 

IMF resident representative Jack Ree said on Monday that at the current level, the wage bill is 

sustainable; hence, no need for authorities to be under pressure. 

The global lender's official was speaking in the context of the figures from the Ministry of 

Finance, Economic Planning and Development which show that the public sector wage bill now 

stands at K309.6 billion, representing an increase of 14 percent or K36.1 billion from the 

previous financial year. 

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