Ignatius Baffuor Awuah, the Minister of Employment and Labour Relations, emphasized that the decision to approve a 23% salary increase took into account the prevailing economic circumstances within the nation.
On Tuesday, November 14, the government increased the salaries of public sector employees by 23% for the year 2024.
The pay increase will take effect from January through June of 2024, and from July through December of the same year, there will be a second increase of two percent.
Additionally, the Minister declared that the minimum salary would increase from GHS14.88 to GHS18.15 per day.
He said “At the end of our negotiations at the tripartite level, we agreed that the minimum wage be reviewed upwards by 22 percent, from 14.88 Cedis to 18.15 Cedis.”
“Subsequently, the public sector joint negotiations committee between all unions within the public space under the single spine and the government also entered into negotiations to determine the national base pay.
“I am happy to report to you that a few minutes after a very difficult meeting, taking the current state of the economy into consideration and also taking into consideration the agreement that as a nation we have with the IMF in making sure that we stay on course in achieving all the targets that we have set to achieve for ourselves, and to also get all the benchmarks right, we have concluded that the national based pay by increased by 23 percent between January 1, 2024, to 31st June 2024 and subsequently an additional 2 percent increment will be added to the 23 percent making it 25 percent from July to December 2024.”
Source: Ghana360news.com
