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 audio
Story 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
-
Domelevo backs OSP probe into GH¢70k allegation
28 minutes -
CAF Confederation Cup: Dennis Korsah confident Nations FC can overturn Mali defeat
44 minutes -
‘Avoid political comments’ – Domelevo advises Chief Justice
1 hour -
‘I don’t trust OSP’ to probe GH¢70k ‘bribe’ allegation – Kwasi Kwarteng
2 hours -
Road inspections not to witch-hunt contractors – Kwame Agbodza
2 hours -
Inter Milan mount stunning comeback to beat Napoli
2 hours -
Modric plans to play for Croatia past 41st birthday
2 hours -
Bayern fail to score for first time in 59 games
2 hours -
Bawumia preparing new cocoa policy package for farmers – Annoh-Dompreh
3 hours -
Wa-Tumu-Bolga road upgrade will unlock agriculture, trade – Agbodza
3 hours -
Ghana Maritime Authority readies oil-spill response vessel for deployment
3 hours -
Ayariga turns to drones, AI to tackle Agbogbloshie waste mountain
3 hours -
Agbogbloshie waste heap must go – Mahama Ayariga declares
3 hours -
Government to upgrade all rural telephony sites to 4G – Communications Minister
3 hours -
Rural calls, data to become cheaper by Q1 2027 – Sam George
3 hours