Audio By Carbonatix
Over 29,000 employees on Ghana’s payroll cannot be accounted for, Finance Minister Dr. Kwabena Duffuor has stated.
This follows a biometric registration process of all pensioners and public sector employees in at least five regions of the country.
This was revealed by the Finance Minister in his presentation of the 2012 budget statement under the theme: "Infrastructure development and accelerated growth and job creation."
The revelation comes at a time when public sector wage bill has shot up under the implementation of the Single Spine Salary Structure.
The minister reiterated government’s commitment to implement fully the Single Spine policy and address the distortions in public wages despite its huge toll on the consolidated fund.
To correlate salaries with productivity, the minister stated government will in the 2012 financial year conduct a public sector productivity survey that will promote and manage public sector salaries.
Dr. Duffour chided the New Patriotic Party for saddling the NDC government with huge arrears to contractors, saying “through diligence and proper planning” substantial part of the debt has been paid.
According to him, a total of GHS3.1 billion has been paid to contractors with an amount of GHS1.1 billion left to pay.
He said the government will in the coming year invest heavily in infrastructural development across the country.
For Ghana to meet its gaping infrastructural deficit, the Minister said a total of $1.6 billion per year will be needed.
He said the country would rely heavily on donor support –loans and grants- to complement the limited internally generated revenue to be used in infrastructural development.
The minister touted government’s achievement in maintaining a stable macro-economic stability which he said has been unprecedented.
He stated the NDC government’s commitment to remove schools under trees is on course and would be fulfilled; assuring that the general standards of living of Ghanaians will be improved greatly.
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
-
Daily Insight for CEOs: Employee engagement as a leadership responsibility
8 minutes -
Publicly funded, privately controlled! The multi-million-cedi Astroturf Exposé
8 minutes -
NCD burden rising as Ghana struggles with prevention, awareness and long-term care – Health Expert
1 hour -
Patient safety must extend across entire NCD care journey – FOCOS Hospital’s orthopaedics chief
3 hours -
Collateral Registry: Security interest registrations declined by 32.2% in quarter 2, 2026
3 hours -
Ninani Group staff take part in health walk, football and games at annual wellness programme
3 hours -
Total value of secured loans hits GH¢31.5bn in quarter 2 2026
3 hours -
Ghana needs national dialogue to end political insult culture — Kpebu
4 hours -
‘Use your time wisely’ — Republic Bank MD advises youth
4 hours -
‘Relax, I’m not contesting you in 2028’ — DVLA CEO tells Zanetor
5 hours -
Discipline can turn Ghana around overnight — Republic Bank MD
5 hours -
From cowboy to Republic Bank MD – Dr. Benjamin Dzoboku tells it all
6 hours -
Insurance sector offers huge job opportunities as Ghana faces actuarial skills shortage — GIU Rector
6 hours -
Newsfile to discuss Ghana Jollof nurse case, cocaine shipment, COVID audit and constitutional reforms
6 hours -
CPP urges Ghanaians to revive Nkrumah’s vision of self-reliance and industrialisation
6 hours