MPs call for end to direct salary deductions by microlenders
Members of parliament have called for tighter controls on microlenders’ access to civil servants’ salaries, arguing that direct deductions are worsening the financial strain faced by public servants. The concerns were raised on Friday during a parliamentary economics committee hearing with the Office of the Prime Minister (OPM) and the Public Service Commission. Popular Democratic […] The post MPs call for end to direct salary deductions by microlenders appeared first on The Namibian .
Members of parliament have called for tighter controls on microlenders’ access to civil servants’ salaries, arguing that direct deductions are worsening the financial strain faced by public servants.
The concerns were raised on Friday during a parliamentary economics committee hearing with the Office of the Prime Minister (OPM) and the Public Service Commission.
Popular Democratic Movement leader McHenry Venaani said financial institutions often avoid taking lending risks while borrowers are left carrying the burden.
