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GeneralHeadlines

Tripartite Committee begins wage negotiations amid delay

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published February 4, 2025
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The National Tripartite Committee has commenced negotiations to determine Ghana’s 2025 minimum wage.

The discussions, which began on Monday, February 3, 2025, involve representatives from the government, employers, and organized labor. After concluding the minimum wage talks, the committee will move on to negotiations for the base pay of public sector workers.

A statement signed by Acting Presidential Spokesperson, Felix Kwakye Ofosu, confirmed that the wage discussions are behind schedule.

According to the Public Financial Management Act, negotiations should have been completed by April 2024 to help in government budgeting.

Mr. Kwakye Ofosu urged all parties to work quickly to finalize the talks so that the 2025 budget can be prepared on time.

Workers’ unions have been pushing for salary increases to address inflation and the high cost of living, while employers have raised concerns about how higher wages could affect businesses. The government hopes the tripartite committee will reach an agreement that balances fair pay for workers with economic stability.

Below is the full statement from the Presidency:

The National Tripartite Committee, represented by Government, Employers, and Organised Labour/Associations, commenced negotiations on the determination of the 2025 Minimum Wage yesterday, Monday, February 3, 2025.

Negotiations for base pay (public sector salaries) will follow that of the minimum wage.

Given that negotiations for both the minimum wage and the base pay for the 2025 financial year are behind schedule—as they were expected to be completed by the end of April 2024, per the Public Financial Management (PFM) Act—Government is calling on social partners (government, employers, organised labour) to work expeditiously to complete the negotiations in time to inform the 2025 Budget”.

Source: Ghana/Starrfm.com.gh/103.5FM/Deborah Amuzu

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TAGGED:GhanaPublic Financial ManagementTripartite Committee
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