Ghana’s US$1.06 Minimum Wage Way Below Hourly Wage Of European Countries | Social

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The Nationwide Tripartite Committee (NTC) has elevated the minimal wage to GH¢ 14.88 from the sooner GH¢13.53.

The rise follows the conclusion of negotiations on the dedication of the 2023 Nationwide Each day Minimal Wage (NDMW) at its assembly held on Wednesday, November 16, 2022, in Accra.

Nevertheless, for the reason that announcement of the brand new wage, social media customers have been sharing their disappointment with the event.

Evaluating Ghana’s charge to different nations like France, the UK, US, and Germany, Ghana’s charge is considerably very low.

In France, the nationwide minimal wage is $10.71 per hour, UK is $11.43 per hour $10.59 per hour in Germany, $7.25 per hour within the US, and GH¢14.88 ($1.06) per day in Ghana.

Unemployment ranges have elevated in Ghana on account of the rising inflation charge and the depreciation of the cedi towards main buying and selling currencies.

Residents are nevertheless calling on the federal government to behave with the intention to relieve the burden off Ghanaians.

The tripartite committee famous that the rise was strongly influenced by the present financial disaster.

“In figuring out the 2023 NDMW, the NTC took under consideration the present financial challenges, price of residing, sustainability of companies and desirability of accomplishing a better stage of employment, in addition to the necessity for fast restoration of macroeconomic stability,” an announcement by the Committee learn.

Supply: ghanaweb.com

 

 

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