Ghana: why the salary of the president and the ministers will be reduced by 30%? 

The Ghanaian government is taking drastic measures to counter the phenomenon of the high cost of living, marked by soaring prices of basic necessities. This is how he took the firm resolution to lower the salary of the Head of State but also that of the ministers.

The aim is to fill the gap in these times of crisis.

Thus, it is planned to inject 2 billion US dollars (1.193 billion CFA francs) into the economy, to help support the fall of its currency and the 30% reduction in the salaries of government appointees, including including ministers and heads of public enterprises.

Finance Minister, Ken Ofori-Atta, on his part, said the measures were aimed at helping Ghana cope with the impact of Covid-19 and the current surge in crude oil prices, caused by the war in Ukraine.

It should be noted that this West African country, led by Nana Akufo-Ado, is having difficulty coping with the increase in the cost of living, due to inflation and the fall in value of its currency, the “cedi”.

Apart from lowering the salaries of ministers and the president, he also announced the end of trips abroad for members of the government and the purchase of imported vehicles until the end of the year.

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