President right on reduction of Wage Bill
17 April 2013, 13:06
With the inception of the Salaries and Remuneration Commission, our country is undoubtedly headed towards the right direction.
Kenya is a developing country whose economy heavily relies on the donors and I.M.F Loans to sustain its ever ambitious budget.
Our economy only supports a third of the annual budget and this means necessary mechanisms should be put in place to curb the ‘run away’ wage bill.
The S.R.C team is the ultimate answer to this thorny economic reality for our country. By slicing down the wage bill (apparently one of the most exaggerated in the developing countries), the government will subsequently achieve an upper hand in managing its day to day financial activities.
As a developing nation, it is suicidal for our government to spend over half of its economic growth dividends on salaries and allowances alone. This will in effect cripple other sectors of our economy and further slim the chances of our ‘ever liberating’ our economy from the looming ‘downturn’ wave.
All that said then, SRC should have no further excuse of not bringing down the wage bill, more so the one still recommending a ‘an obese’ cheque for the MPs.
It’s still too high as we have many poor Kenyans who don’t even earn KES 5 000 pm and they need service. They should be servants and not masters of the people. It should not be used as a gateway to wealth.
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.