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GHANA FEDERATION OF LABOUR APPLAUDS 10% SALARY INCREASE AMID ECONOMIC CHALLENGES

 

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The Secretary General of the Ghana Federation of Labour (GFL), Abraham Koomson, has expressed cautious optimism regarding the government’s recent decision to implement a 10% salary increase for workers. This development is particularly noteworthy given the country’s ongoing economic difficulties.

 

Mr. Koomson acknowledged that, considering the lingering effects of economic mismanagement by the previous administration, he had not anticipated any salary increase this year. Nevertheless, he described the 10% raise as a modest yet commendable gesture in the current economic climate.

 

The National Tripartite Committee (NTC) announced a 10% increase in Ghana’s National Daily Minimum Wage (NDMW) for 2025, setting the new rate at GHβ‚΅19.97. This directive requires all establishments, institutions, and organisations to implement the new wage policy.

 

This adjustment is part of broader efforts to provide fair compensation for workers while balancing the need for economic stability and business sustainability.

 

Speaking to journalists in Accra, Mr. Koomson revealed that both the Finance Minister and the Minister of Employment had pushed for a higher salary increase but were constrained by the country’s financial realities. Reflecting on the nation’s economic state, he criticised the previous administration for what he described as reckless spending, which has had a lasting impact on Ghana’s finances.

 

“Labour unions observed the reckless expenditure of the past government, yet many chose to remain silent. Now, the entire nation is grappling with the fallout,” Mr. Koomson said.

 

He also echoed President John Mahama’s description of the economy as resembling a “crime scene,” attributing the current financial challenges to excessive and wasteful spending by the former administration.

 

While the 10% increase has been welcomed as a positive step, Mr. Koomson stressed the need for fiscal discipline and responsible governance to ensure sustainable economic growth and improved livelihoods for workers across the nation.

Source: GossipMotion.com

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