In the event that he wins the general elections in 2024 and is elected president of Ghana, Dr. Mahamudu Bawumia, the flagbearer of the incumbent New Patriotic Party (NPP), has pledged to enhance public sector salaries by reducing government spending.
He stated, “I would really like to see government spending cut in order to free up funds for worker salary increases.
According to Dr. Bawumia, “I have made it clear that I intend to reduce government expenditure and the size of the government by at least 3 percent of GDP, which translates to approximately GH¢30 billion over the next four years.
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I also intend to reduce the size of the government by guaranteeing that there are no more than fifty ministers. On May 29, 2024, in an encounter with the TUC leadership in Accra, Dr. Bawumia made this statement and pledged to cut government spending while using the money saved to raise worker wages.
In addition, he pledged to protect public coffers and effectively distribute them to initiatives that have a positive and significant social impact. The Vice President sought the TUC’s opinions in order to formulate his manifesto, which is why the two parties engaged.
The leader of the ruling New Patriotic Party for 2024, he also highlighted ambitions to implement industry-supporting programmes.
Ghana should not just import solar panels; the technology exists for us to manufacture solar panels in Ghana,” he clarified, “because when we talk about two thousand megawatts we are talking about a whole lot of solar panels.”
Nonetheless, TUC Secretary General Dr. Yaw Baah also vowed that the union would collaborate with the incoming administration on employment-related policies.
A nation can be transformed with the help of institutions, systems, and ideas. Let me reiterate that Dr. Bawumia’s “It is Possible” campaign message is crucial for Ghana and a very good one.
We believe that the Bank of Ghana has a significant role to play and should shift its emphasis from inflation targeting to job creation,” the statement reads. As said by Dr. Anthony Yaw Baah.
