Kofi Asamoah, TUC boss with President Mahama
After the IMF in its latest review of the economic program has urged government to keep the wage bill within its budget limits, Workers’ demand for wage increases due to recent utility tariffs adjustment and hikes in petroleum products prices could face a potential stumbling block.
Thousands of workers belonging to the Trades Union Congress (TUC) and other labor unions dispensed in the various regions onto the streets demanding that gov’t reconsider the recent increases in utilities and petroleum products, or wages are increased to be appropriate with the adjustments in prices.
Workers have planned to stay away from work as long as their demands remain unmet by government, apart from hitting the streets to protest the economic hardships. An intention that has been shelved following what organized labour described as fruitful negotiations with officials of the government, which have ended in abandonment of a series of planned protests across Ghana.
The IMF has urged government to keep the expenditure tight.
The IMF said in its report published last week, with the government debt continuing to increase and financing remaining a challenge, the 2016 budget rightly aims at a stronger consolidation than originally envisaged.
In this regard, it is essential that government sticks firmly to its policy of strict expenditure controls, by maintaining the wage bill within the budget limits while controlling optional spending and protecting priority spending.
Copyright © 2019 Ghanalive.TV. All Rights Reserved.