State companies told to stop USD salary payments

4 days ago

State-run businesses and state-owned enterprises have been instructed to take more austerity measures, including stopping the payment of salaries in US dollars. In a circular on Tuesday, the Privatization and Corporatization Board (PCB) that a number of measures have been rolled out at President Dr. Mohamed Muizzu’s initiation to overcome the economic and financial challenges facing the county and manage the