Friday, January 31, 2025
spot_img

The Base Pay Increase will Affect the Budget but will bring Peace – Ken Ofori-Atta

Ken Ofori Atta, the Minister of Finance, has expressed his displeasure with the decision to raise the base pay of public employees by 30% and has stated that this will have a significant negative impact on the budget of the government.

Following a number of rounds of discussions with organized labor, the government came to an agreement to raise the base pay by thirty percent.

Earlier, the organization made a demand for a sixty percent raise as a means of making up for the difficult economic conditions.

Ignatius Baffour Awuah, the Minister for Employment and Labour Relations, has said that the payment will become effective on January 1, 2023.

While speaking to the media, the Minister of Finance, Ken Ofori-Atta, stated that even though the increase would have an impact on the budget, the government is dedicated to creating a calm atmosphere on the labor front regardless of the impact the increase will have on the budget.

“This is going to put a significant strain on the budget; nevertheless, I am convinced that with increased productivity and the promise that we have given to each other, it will ensure that there is peace in this nation while we look at pension and labor concerns.” [Citation needed]

Dr. Isaac Bampoe Addo, who is the Executive Secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG), promised that his group would work with the government to strengthen the country’s economy and help it grow as a whole.

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

NPP used my popularity to get votes – Asamoah Gyan says

Former Black Stars striker Asamoah Gyan has accused the outgoing New Patriotic Party (NPP) of using his popularity to get votes ahead of the...
- Advertisement -spot_img

ENTERTAINMENT

Top 5 celebrity beefs of the year 2024: Drama, diss tracks, and heated feuds

Drama Alert! From furious diss recordings to social media showdowns, 2024 was a year of legendary celebrity feuds. Who took the spotlight in Ghana's...

LIFESTYLE

Angry neighbours drag a rooster to court; here is why

The owners of Ricco, a Bantam rooster from Bourgoin-Jallieu in France's Isère region, are scheduled to appear in court following a neighbor's complaint about...

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

Betterment Moves Beyond Robo-Advising With Human Financial Planners

Dropcap the popularization of the “ideal measure” has led to advice such as “Increase font size for large screens and reduce font size for...
Verified by MonsterInsights