{"id":176708,"date":"2024-07-17T02:08:33","date_gmt":"2024-07-17T00:08:33","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/mozambique\/mozambique-imf-imposes-wage-cuts-accepts-weak-non-mining-growth-so-mozambique-remains-just-mineral-exporter\/"},"modified":"2024-07-17T02:08:33","modified_gmt":"2024-07-17T00:08:33","slug":"mozambique-imf-imposes-wage-cuts-accepts-weak-non-mining-growth-so-mozambique-remains-just-mineral-exporter","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/mozambique\/mozambique-imf-imposes-wage-cuts-accepts-weak-non-mining-growth-so-mozambique-remains-just-mineral-exporter\/","title":{"rendered":"Mozambique: IMF Imposes Wage Cuts, Accepts &#8216;Weak Non-Mining Growth&#8217; So Mozambique Remains Just Mineral Exporter"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"119\">The IMF has imposed a major wage freeze, which implies wage cuts over the next three years. In effect, government has agreed that its total wage bill of $3.3bn this year must fall to $3.0 bn next year, and $2.9 bn in 2027. Not only does that mean no increases for current staff, but if more nurses and teachers are hired, everyone else\u2019s wage must be reduced. Mozambique\u2019s IMF Resident Representative Alexis Meyer Cirkel ends his term in August, and he has left a massive time bomb for the new&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202407160559.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Mozambique\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/mozambique\/\">Mozambique<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IMF has imposed a major wage freeze, which implies wage cuts over the next three years. In effect, government has agreed that its total wage bill of $3.3bn this year must fall to $3.0 bn next year, and $2.9 bn in 2027. Not only does that mean no increases for current staff, but if [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":176709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[654],"tags":[10513,258,256,7210,28031,6641,1283,17737,6272,4704,682,257,49059,7602,254,7667,13849],"class_list":["post-176708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mozambique","tag-accepts","tag-africa","tag-africa-news","tag-cuts","tag-growth","tag-imf","tag-imposes","tag-mineral","tag-mozambique","tag-mozambique-news","tag-news","tag-nonmining","tag-remains","tag-south-africa-today","tag-wage","tag-weak"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/176708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=176708"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/176708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/176709"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=176708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=176708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=176708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}