WATCH: Cash sweetener for public servants to cost R18bn

The government recently improved its public sector wage offer to include a 1.5% pay progression increase and a monthly cash gratuity. The cash gratuity has not been factored into budget projections and will cost the government about R18bn.

Business Day TV’s Alishia Seckam spoke to Econometrix chief economist Azar Jammine about the move and how it affects the fiscal framework.