Public Sector Wages Reached $1.51 Billion in H1 2015

According to the Ministry of Finance (MoF), “Salaries, Wages and Related Benefits”, which mainly include the cost of basic salaries, allowances and indemnities paid to employees of the public sector, grew by 8.3% by June 2015 to $1.51B compared to $1.4B in 2014.

Basic salaries, which represent 71.8% of “Salaries, Wages and Related Benefits”, increased by 4% year on year (y-o-y) to $1.09B in the first half of 2015. This was mainly driven by the respective rises of 5.08% in salaries of “Military personnel” (65.71% of total basic salaries) and of 6.21% in Salaries of “Civilian Personnel” (4.5% of total salaries), totaling $713.10M and $113.43M. Meanwhile, salary expenditures on the “Education Personnel” (23.83% of total salaries) remained steady at $258.71M.

“Allowances”, which include payments for maternity and sickness, marriage, birth, death, hospital and education, which are provided only to military personnel, hiked by a yearly 41% from $185.74M by June 2014 to $262.68M by June 2015 mainly due to higher allowances disbursed to the Army and Internal Security Forces which rose by a yearly 66.43% and 12.38% to $154.56M and $78.28M, respectively.  

Basic Salaries and Total Public Sector Wages, In $M

Public Sector Wages Reached $1.51 Billion in H1 2015Source: Ministry of Finance

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