
Audio By Carbonatix
The Chief Economist and Director of the Labour Research and Policy Institute of the Trade Union Congress (TUC) says the Congress is expecting government to increase wages in the course of the coming month.
According to Dr Kwabena Nyarko Otoo, the Union’s expectations are occasioned by the rapid inflation in the country as a result of the effects of the coronavirus pandemic and its attendant restrictions on the economy.
Speaking on JoyNews’ Newsfile Saturday, Dr Otoo who was commenting on the additional taxes introduced by government in the recent Budget Statemen said, “Even without the taxes, the expectation is that wages will go up.
“Of course you realise that because of Covid, inflation actually rose beyond what was projected and there are various reports of price increases across board. So workers expectantly were looking for a wage increase.”
He stated that should workers be taxed without increasing their wages, it was going to make their livelihood worse.
He was hopeful that President Akufo-Addo’s declaration that workers’ wages were not frozen was indicative of a wage increment in the coming month.
“Now if you don’t find that wage increase in the budget but on top of it you find these taxes, then you actually make our situation worse.
"What will happen is that we take the president’s word for what it is that he has not frozen wages, and we expect that in the course of this month or the coming month, the various forums will be convened, the public sector standing joint will be convened and also the tripartite will be convened for a major discussion on this issue.
“But ultimately we expect that given all that has happened to workers, and to businesses, we expect a wage increase for 2021 and beyond,” he said.
Latest Stories
-
WAFCON 2026: Cameroon target redemption as Indomitable Lionesses chase continental glory
28 seconds -
NSS investigating GH¢60 allowance deductions as refund decision awaits probe outcome
3 minutes -
Rejecting cedi coins is a criminal offence punishable by law – BoG warns traders
6 minutes -
Wontumi brought to Accra High Court for Tano Nimiri case while serving 20-year sentence
9 minutes -
UCL 2026/27: Terry Yegbe scores in first leg qualifier as Lech Poznan beat AGF
18 minutes -
Reform military budgeting process to reduce corruption risks – Dr Sowatey
24 minutes -
John Boadu backs Wontumi, urges party supporters to remain calm after conviction
26 minutes -
Foreign Affairs Minister welcomes Burundi President, AU officials for 2026 Accra health summit
28 minutes -
EduSpots selected among 31 organisations worldwide for FIFA Global Citizen Education Fund
38 minutes -
Ghana becomes first African country to sign accelerated patent grant deal with US
39 minutes -
Mahama, former presidents, other dignitaries to attend Apostle Kwadwo Safo’s funeral – Family confirms
44 minutes -
Ukrainian drones hit more sites of Russian online retailer Wildberries
48 minutes -
ECG announces planned power outages in five regions
48 minutes -
Contractors on $500m World Bank road projects will face sanctions for poor work – Agbodza
50 minutes -
Three killed, 11 injured in head-on collision at Ajumako Kokoben
51 minutes