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Concern over South Africa’s public sector wage bill

# The Centre for Risk Analysis says there is a growing risk of funding being diverted from national priorities to service the country’s debt and to foot the public sector wage bill. A report by the centre highlights that South Africa’s public sector wage bill costs around 721-billion-rand a year, over 30-percent of the country’s budget. The centre’s Chris Hattingh says the public sector wage bill significantly pressures an already constrained fiscus. The current two-year wage agreement ends in April next year.