Page 23 - THE 2024-25 MID-YEAR BUDGET REVIEW STATEMENT
P. 23

Wages and Salaries



               43.  Madam  Speaker,  the  2024-25  approved  provision  for


               wages  and  salaries  has  been  revised  upwards  by  K201.2


               billion from K1.08 trillion to K1.28 trillion, representing an 18.7

               percent  increase.  This  is  on  account  of  full  impact  of  the


               salary adjustment that took place in November 2023, in a bid


               to cushion public officers from the effect of the realignment

               of the Kwacha and recruitment of health workers and other


               officers in various MDAs, which took effect after the 2024-25


               budget was approved.






               44.  Madam Speaker, the recruitment of health workers was


               in fulfillment of Government’s commitment to introduce them


               on  payroll  upon  expiry  of  their  engagement  with

               development partners like Global Fund.





               Interest Payments


               45.  Madam  Speaker,  the  total  provision  for  interest


               payments on debt has been maintained at K1.46 trillion as







                                                            23
   18   19   20   21   22   23   24   25   26   27   28