Ghana Slashes Salaries Of Government Officials

Mar 25, 2022 · 58s
Ghana Slashes Salaries Of Government Officials
Description

Ghanaian President Nana Akufo-Addo and his ministers have cut their salaries by 30 per cent under measures to reduce spending as the country struggles with higher fuel costs from the...

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Ghanaian President Nana Akufo-Addo and his ministers have cut their salaries by 30 per cent under measures to reduce spending as the country struggles with higher fuel costs from the Ukraine crisis and stalled progress on a new tax.
Finance Minister Ken Ofori-Atta announced that foreign travel by government appointees, except for critical missions, and the purchase of imported vehicles had been suspended with immediate effect.
He says the government hoped to save around $400 million through the measures.
The minister says other measures include a 50-per cent cut in fuel coupon allocations for all political appointees and heads of government institutions.
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Author Africa Business Radio
Organization Africa Business Radio
Website -
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