I don't want to lay people off - Schlettwein

November 9, 2017, 5:52pm


Finance minister Calle Schlettwein said it is better to keep the wage bill untouched rather than lay off people at a time when the economy was imploding, and retrenchments are the order of the day.

Schlettwein told The Villager this yesterday on the sidelines of the conference on public-private partnerships in Windhoek.

 “It is important to realise that when you come with drastic measures to curtail the wage bill that would mean job losses.

"In an economy which is turning down where we are experiencing retrenchments and job losses already, to cause more social suffering by taking families out of pocket we believe is not the right approach,” Schlettwein said.