Friday, February 21, 2025
spot_img

Ghana’s economy was ‘criminally mishandled’ under Akufo-Addo – Mahama

President John Mahama has sharply criticized the former Akufo-Addo/Bawumia administration, accusing it of “criminally mishandling” the economy.

Speaking during the National Tripartite Committee meeting at the Ministry of Labour, Jobs, and Employment, where the government promised a 10% rise in base salary for public sector workers beginning in March 2025, Mahama expressed dismay at the economic mismanagement he had seen.

“We were all aware that the economy was in danger, but some of what I’m discovering has been criminal mismanagement of our economy. Ghana is now a criminal scene,” he said.

“How can a government act so recklessly? “I can’t understand,” he said.

This is the second pay raise in less than a year, with the latest being in 2024, when the government approved a 23% hike to accommodate growing costs of living.

Rashid Pelpuo, Minister of Labour, Jobs, and Employment, stated in his announcement that the increment will take effect on March 1, 2025.

On February 4, 2025, the National Tripartite Committee (NTC), which includes representatives from the government, companies, and organized labor/associations, began negotiations to decide the minimum wage for 2025.

These talks are crucial because the minimum wage serves as a basis for pay in numerous industries, disproportionately affecting low-income workers in both the official and informal sectors of the economy.

The agreed-upon minimum salary will also affect future negotiations on base pay for public sector employees, which are slated to follow the completion of the present minimum wage discussions.

Randy Osei Akoto
Randy Osei Akoto
A content creator, writer, blogger and digital marketer currently the Editor and writer at 2Rvisionnews.com. Believes in hard work and keeps up with latest trending stories making rounds across the globe in all aspects, from politics, sports, entertainment, health, business etc.

Related Articles

POLITICS

‘Even if you bring Jesus as EC Chair, NDC will complain’ – Hackman Owusu-Agyeman

Hackman Owusu-Agyeman, Chairman of the NPP National Council of Elders, has chastised the opposition NDC for his persistent inclination to question electoral processes and...

sports

3 Talented Players from Siano Soccer Club Embark on New Adventure in Denmark

In a significant move that underscores the growing appeal of Ghanaian football talent globally, three promising young players—Alexander Amoafo Jn (left winger), Alexander Amoafo...
- Advertisement -spot_img

ENTERTAINMENT

There is no record label in Ghana – Kwabena Kwabena

Kwabena Kwabena, a Ghanaian highlife crooner, has renewed debate about whether Ghana has record companies. In an interview with Kwame Dadzie on Joy FM's Showbiz...

LIFESTYLE

Sam George to set up committee to reduce data costs

Samuel Nartey George, Minister of Communications, has announced plans to set up an inter-ministerial commission to investigate and address Ghana's high data costs. Speaking on...

SEFWI TODAY

Meet Richard Nkrumah Duncan as He Receives Award and Honour by TV3 Talented Kids Season 14, MFC Dance Camp

Mr. Richard Duncan Nkrumah, CEO of Duncan IT Solutions Services and Smart Auto-parts has been honored with an award from MFC Dance Camp, a...

TECH

TikTok goes offline in the US hours before ban

TikTok has gone offline in the United States, just hours before a new legislation prohibiting the app was set to take effect. A notice on...
Verified by MonsterInsights