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Ofori-Atta: A 30% base wage rise will have an impact on the 2023 budget but would bring peace

Ofori-Atta: A 30% base wage rise will have an impact on the 2023 budget but would bring peace

The government’s budget would be severely impacted by the public employee base pay increase of 30%, according to Minister of Finance Ken Ofori Atta.

Following several discussions with organized labor, the government decided to boost the basic salary by 30%.

The organization had previously asked for a 60% raise to account for the difficult economic times.

The payout will begin on January 1, 2023, according to Ignatius Baffour Awuah, minister of employment and labor relations.

Speaking to the media, Finance Minister Ken Ofori-Atta noted that despite the budgetary impact of the raise, the government is dedicated to maintaining labor peace.

The budget will be affected, but I am optimistic that increased productivity and the commitment we have made to one another will keep the country peaceful as we examine pension and labor concerns.

Dr. Isaac Bampoe Addo, executive secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG), promised to cooperate with the government to broaden its tax base in order to promote national development.

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