“Salaries, Wages and Related Benefits” Reached $1.92B by August 2014
According to the Ministry of Finance (MoF), “Salaries, Wages and Related Benefits”, which mainly includes the cost of basic salaries, allowances and indemnities, increased by 2.35% in the two thirds of 2014, to $1.92B compared to the same period in 2013 at $1.86B. Salaries and wages, which constitute the largest component of the government primary expenditure, saw its share rise from 28% to 30% by August 2014.
Basic salaries, which owned up to 74.49% of “Salaries, Wages and Related Benefits”, augmented by 2.99% years on year (y-o-y) by August 2014. This was mainly driven by the respective rises of 5.22% in salaries of “Military personnel” (64.16% of total salaries) and 0.92% “Education Personnel” (25.41% of total salaries), totaling $909.45M and $360.20M. However, it was partly offset by the 4.97% decrease in salaries for “Civil Personnel” (10.48% of total salaries) to $148.59M.
On the other hand, “Allowance” and “Indemnities” declined by respective 5.15% and 4.14% to $256.71M and $92.21M. The former downturned because of the 19.61% plunge in “Allowances for the Army” while the latter shrunk due to the 14.58% decline in “Indemnities for Education Personnel” during Jan-August 2014.
| Basic Salaries | Total | ||||
| Jan-Aug 2013 | Jan-Aug 2014 | Jan-Aug 2013 | Jan-Aug 2014 | ||
| Military Personnel | 864.34 | 909.45 | 1,167.50 | 1,200.66 | |
| Army | 552.57 | 578.44 | 749.59 | 742.29 | |
| Internal Security Forces | 250.08 | 260.03 | 334.33 | 360.20 | |
| General Security Forces | 53.73 | 55.06 | 63.02 | 75.62 | |
| State Security Forces | 14.59 | 15.26 | 20.56 | 22.55 | |
| Education Personnel | 356.88 | 360.20 | 389.39 | 395.36 | |
| Civil Personnel , of which | 155.22 | 148.59 | 204.31 | 199.00 | |
| Employees Cooperative | – | – | 77.61 | 92.21 | |
| Customs Salaries | – | – | 20.56 | 16.58 | |
