“In addition, the National Treasury shall henceforth only approve budgets for hiring staff for only State corporations that have received approvals from State Corporations Advisory Committee, the Public Service Commission (PSC) and the Salary and Remuneration Commission (SRC),” he said. The...
A.StructureoftheNon-BankFinancialSector8 B.InsuranceSector10 C.RetirementFunds15 STRESSTESTMETHODOLOGY17 A.ScopeandSampleoftheStressTest17 B.ScenariosfortheSolvencyStressTest18 C.CapitalStandardandModelingAssumptions19 STRESSTESTRESULTS–INSURANCE22
● Government sponsored external training and Staff Development activities at the Office of the President, Ministries and SOEs must be put on hold for the 2023 financial year; ● Reduction of expenditure on appointments including salary freezes together with suspension of ce...