Civil servants have been told they will not be able to withdraw the USD75 they have been promised as a covid-19 allowance by the government, but they will be given cards with electronic money Presidential Spokesperson George Charamba said this morning.
FOREX ALLOWANCE FOR CIVIL SERVANTS JUST A SMALL CLARIFICATION LEST THERE IS A MISCONCEPTION: The USD75 allowance if flat across all grades. The USD75 will not come in notes form; it will be a purchasing electronic card to ensure this enhanced buying power, Charmb posted on Twitter under the well known name Jamwanda.
“…does not feed the WHITE MARKET, and allows money to circulate within the formal monetary system!! So do not expect cash disbursements. Imagine what upward of USD25m monthly cash disbursement would do to the WHITE MARKET. I should have added that the three months-Covid-19 related income adjustment takes us to the next major Financial Pronouncement by Govt, in which case there will not be a hiatus or discontinuity in income,” he continued.
Read More: Breaking News: Zimbabwe Civil Servants to be paid in USD
Finance Minister Mthuli Ncube yesterday announced a flat USD75 for every civil servant and USD 30 for pensioners as Covid-19 allowance. Civil servants were also awarded another 50% salary increase.
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