General News
I’ve Cut Down My Salary By 30% Due To Economic Hardship In The Country — Nana Akufo-Addo
Ghana’s President, His Excellence President Nana Akufo-Addo has announced a 30% salary cut due to the economic hardship in the country which is evident his administration is struggling to solve the problem.
President Akufo-Addo also confirmed that there is also a 50% reduction on all government machinery.
The President went ahead to say that all government appointees and ministers are also not exempted from 30% salary pay-cut initiative.
Speaking at this year’s Eid-ul-Adha celebration at Independence Square, Nana Addo said, “We are all going to have to make some sacrifices to afford us the space to navigate the troubled waters of the current economic difficulties. The expenditure of ministries, departments, and agencies has been cut by 30 percent.
The salaries of all appointees including myself have been reduced by 30 percent. Fuel coupon allocations have been slashed by 50 percent and other expenditures suspended.”
This is one of the measures to keep the economy running that the government announced to reduce the allocation to metropolitan, municipal, and district assemblies (MMDAs) for the first quarter of 2022 by roughly 20%.
While government is negotiating with the striking teachers, President Akufo-Addo urged them to resume back to school on Tuesday.
He charged the teachers on strike to reconsider their decision and return back to school for the sake of the students.
He attributed Ghana’s economic hardship to the suffocation of the COVID-19 pandemic as well as the Russia-Ukraine war and urged Ghanaians to bare with government as they try to find their feet again.
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