LITTLE has been heard lately of the Financial and Fiscal Commission, the independent body that is supposed to scrutinise the public finances each year and make recommendations on what the government should be doing.
The bold comments in the commission’s latest report might help to raise its profile — and ask important questions about how the government should be spending its money, on the public service in particular.
The government has for the past couple of years committed to capping its spending growth at about 2% in real terms, and there has been a broad commitment to cap the number of public servants and rein in the growth in the public sector wage bill, which makes up nearly 40% of government spending.
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