
Audio By Carbonatix
Former Finance Minister Yaw Osafo Maafo says the new salary increases announced by the Kufuor administration was ill-timed.With just a day to leave office, President JA Kufuor announced 16-32 per cent increases in salaries for workers in the public and civil service.The increases formed part of the implementation of the single spine salary structure which has been deliberated upon for the past two years.Even though he supports the implementation of the new salary structure, Mr. Maafo told Joy News the decision should have been left for the incoming government.With the global economic recession, the former finance minister reckons any increases in expenditure, especially the wage bills, without corresponding increases in revenue could be suicidal for the incoming administration.“There should have been a silent memorandum to the NDC detailing what has been discussed and agreed, for them to have a look at it and incorporate it in the budget.”He further stressed, the past government should have initiated a debate for the implementation of the policy in October last year before its implementation.Mr. Maafo however,advised the new administration to quickly negotiate with workers in order to have a common ground in the implementation of a policy which the economy could sustain. Listen to excerpts of the interview with Hon. Yaw Osafo Maafo in the attached audioStory by Nathan Gadugah
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Owabi, Barekese water plants face shutdown threat over pollution and power outages
4 minutes -
Catholic Bishops call for national dialogue on LGBTQ debate
9 minutes -
Softcare FM Manufacturing Ltd backs Consumer Health Week, pushes science-driven care agenda
10 minutes -
The Eyes of Ghana to premiere in April, spotlighting rare Nkrumah-era footage
13 minutes -
$31bn transferred without matching imports in five years — GRA boss
26 minutes -
JoyNews Impact Maker, Williams Akongbabre, presents award to people of Bawku West
27 minutes -
Kenya backs Morocco’s autonomy plan for Western Sahara, signals push for implementation
34 minutes -
Hip-hop pioneer, Afrika Bambaataa, dies aged 68
42 minutes -
Let OSP defend itself in Supreme Court case — Prof Prempeh
50 minutes -
Emmanuel Kweenu Haizel aka Simpa Panyin
52 minutes -
Police foil planned highway robbery in Ashanti Region, one suspect shot dead
58 minutes -
Sunyani Technical University dismisses 3 students over examination malpractice
2 hours -
NPRA prosecutes 11 employers, recovers GH¢27m in 2025
2 hours -
NAIMOS cracks down on illegal mining activities along River Tano
2 hours -
2026 World Cup: Officials selected are the world’s very best – FIFA defends referees list
2 hours