THE government yesterday announced plans to cut the number of civil servants by 5,000 in the next five years and reduce the payroll cost for new hires, as part of a raft of proposed measures to shore up the economy and correct structural problems.
The package, agreed by the government and coalition partners AKEL and DIKO, was announced yesterday by government spokesman Stefanos Stefanou.
Stefanou did not say how much the state expects to save or collect should the measures be implemented and did not provide any other figures or timeframes.
More details will be presented to party leaders during a meeting with President Demetris Christofias on July 8.
Stefanou said the government’s aim was for the measures to be implemented immediately.Read More