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
-
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
40 minutes -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
41 minutes -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
44 minutes -
Ban on smoking in public: FDA engages food service establishments on compliance
44 minutes -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
46 minutes -
GEPA commits to building robust systems that empower MSMEs
49 minutes -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
51 minutes -
Central Region PURC assures residents of constant water, power supply during yuletide
52 minutes -
Election victory not licence to misbehave – Police to youth
54 minutes -
GPL 2024/2025: Nations thrash struggling Legon Cities
56 minutes -
Electoral offences have no expiry date, accountability is inevitable – Fifi Kwetey
57 minutes -
Ghanaians to enjoy reliable electricity this Christmas – ECG promises
1 hour -
Police deny reports of election-related violence in Nsawam Adoagyiri
1 hour -
‘We’re not brothers; we’ll show you where power lies’ – Dafeamekpor to Afenyo-Markin
1 hour -
EPA says lead-based paints are dangerous to health, calls for safer alternatives
3 hours