Public Personnel Costs Climbed by 4.2%YOY to $1.22B during Jan-Feb 2020

Data released by the Ministry of Finance (MoF) revealed that personnel costs climbed by a yearly 4.2% to stand at $1.22B during Jan./Feb.2020. Personnel costs were mainly inflated as a result of the annual 10.9% and 83.8% upticks registered in “Salaries, wages and related benefits “ and “Transfers to public institutions”. On the counterpart, “End of service compensations” dropped by 52.4% year-on-year (YOY).

In detail, payments for the sub-account of “Salaries, wages, and related benefits” (grasping 60.74% of the total personnel costs) witnessed a yearly uptick in “Allowances for military personnel” which climbed from $120.7M to $219.6M during Jan-Feb 2020. Nevertheless, this increase was partly offset by the yearly drops of 23.8% and 3.12% in the salaries and wages paid to Educational and Military personnel, which totaled $91.5M and $329.7M, respectively.

In addition, payments for the sub-account of “Retirement salaries payments” (25.7% of total personnel costs) rose by 9.8%YOY to reach $312.4M in Jan-Feb 2020. As for “End of service indemnities” (5.9% of the total), they retreated by a yearly 52.4% to $72.3M over the same period.

Overall, Personnel costs composed 63.3% of current primary expenditures in Jan.-Feb. 2020, down from 72.3% in the same period of 2019. In addition, Personnel costs grasped a 42.8% stake of the total expenditures in Jan-Feb 2020, compared to the larger share of 47.4% in the same period last year.

Breakdown of “Salaries, Wages & Related Benefits”:

in millions of USD Basic Salaries Total
2019 2020 2019 2020
Military Personnel 340 330 476 563
Army 222 216 338 365
Internal Security Forces 84 85 99 162
General Security Forces 27 21 31 27
State Security Forces 7 8 9 9
Education Personnel 120 92 129 108
Civilian Personnel 60 59 72 76
Government contribution to employees cooperative 13 20
Customs Salaries 0.00 0.00 10 11
Total 520 481 700 777

 

Source: MoF

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