Crisis-hit Ghana increases public servant salaries by 30%
13 Tháng Giêng 2023
© Reuters. FILE PHOTO: People walk on the street around Kwame Nkrumah circle in Accra, Ghana, December 2, 2016. Picture taken December 2, 2016. REUTERS/Luc Gnago ACCRA (Reuters) - Ghana's government and trade unions on Thursday agreed to increase all public servants' salaries by 30% for 2023, they said in a joint statement, as the country struggles to reduce debt and tackle rampant inflation.
The West African gold, oil and cocoa producer is battling its worst economic crisis in a generation.
The local cedi dropped heavily against the dollar last year as government spending cuts and central bank interest rate hikes failed to tame inflation, which rose to a new high of 54% last month.
Trade unions representing public service employees started negotiating salary rises with the government in November, a few months after hardship spurred street protests that pushed the government to seek help from the International Monetary Fund (IMF).
The two parties on Thursday settled on a 30% increase to base pay across board, effective from Jan. 1, 2023.
Ghana's government announced sweeping spending cuts in March, including a lowering of ministers' salaries, to reduce the deficit, contain inflation and slow the cedi's slide.
But it also increased a cost of living allowance for public workers by 15% in July, citing the impact of "global challenges" on citizens.
Ghana secured a staff-level agreement with the IMF for a $3 billion, three-year support package in December, but needs to restructure its debt to access the funds.
The government launched a domestic debt exchange programme last month and later said it would default on nearly all of its $28.4 billion of external debts.
It asked to restructure its bilateral debt under the G20 common framework platform this week.
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27-01-2023 21:56:21 (UTC+7)
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| EUR/CHF | 1.0019 | ↑ Sell |
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| Natural Gas | 2.862 | ↑ Buy | |||
| US Coffee C | 167.80 | ↑ Buy |
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| S&P 500 | 4,066.05 | ↑ Buy | |||
| DAX | 15,140.45 | ↑ Buy | |||
| FTSE 100 | 7,763.13 | ↑ Sell | |||
| Hang Seng | 22,688.90 | Buy | |||
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| IBEX 35 | 9,046.06 | ↑ Buy |
| BASF | 52.735 | ↑ Buy | |||
| Bayer | 56.38 | ↑ Buy | |||
| Allianz | 221.53 | ↑ Sell | |||
| Adidas | 146.85 | ↑ Buy | |||
| Lufthansa | 9.738 | ↑ Sell | |||
| Siemens AG | 144.13 | ↑ Buy | |||
| Deutsche Bank AG | 12.323 | ↑ Sell |
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| Cập nhật 27-01-2023 21:56:24 | |
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| RON 95-III | 22.150 | 22.590 |
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| DO 0.05S | 21.630 | 22.060 |
| DO 0,001S-V | 23.390 | 23.850 |
| Dầu hỏa 2-K | 21.800 | 22.230 |
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|---|---|---|---|
| WTI | $81.87 | -0.63 | -0.78% |
| Brent | $88.07 | -0.7 | -0.80% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.260,00 | 23.630,00 |
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| Cập nhật lúc 18:54:25 27/01/2023 Xem bảng tỷ giá hối đoái | ||
