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Partners have agreed to commence determination of the National Daily Minimum Wage and Public sector wage negotiation for 2016 on June.23 and conclude by September this year, a 41-point communiqué issued at the end of the 2nd National Forum on the implementation of the Single Spine Pay Policy (SSPP) at Takoradi.

President Tasks PSC to crack then whip

President John Dramani Mahama last Friday tasked the Public Services Commission (PSC) and other relevant stakeholders to step up supervision in the public sector, to maximize production and performance.

Workshop assesses impact of Capacity Development Mechanism

THE Chairperson of the Implementation Steering Committee of the Capacity Development Mechanism (CDM), Mrs. Bridget Katsriku, has encouraged the government to adopt the mechanism in all public sector institutions to ensure effective service delivery and accountability.
According to her, the CDM pilot project, started in 2012, was a joint effort of the government of Ghana and the Department of Foreign Affairs Trade and Development by which funds would be made available to public sector agencies and institutions to develop and implement programmes in capacity building, and afterwards assessed for impact made to help eradicate corruption and inefficiency in the public service.

World Bank Mobilizes New Financing to Scale-up Electricity Access, Strengthen ECG's Finances & Improve Service Delivery
WASHINGTON, April 30, 2015. The World Bank Groups Board of Executive Directors today approved a US$60 million International Development Association (IDA*) credit for Ghana to improve the Electricity Company of Ghanas (ECG) financial performance, minimize its commercial losses, and ultimately contribute to increased revenue and cash flow. 
Report on The Ghana Trade and Investment Forum in Tokyo Japan

Upon a request from the Vice President HE Amissah-Arthur and Ambassador Parker Allotey, and following on from a state visit to Japan by Vice President, both Hon Kweku Ricketts Hagan and Hon Mona K Quartey– Deputy Ministers for Trade & Industry and of Finance - participated in The Ghana Trade & Investment Forum organized by the Ghana Embassy in Tokyo, Japan on April 1, 2015 at the JICA Hall.

Public Input into the 2016 Budget Statement and Economic Policy

The Ministry of Finance wishes to inform the general public that the Budget Statement for 2016 would be read in November 2015.  This is with the hope that Parliament will debate and pass it before it rises in December, 2015.

The Ministry is happy to receive from recognized professional bodies, associations, civil society organizations and individuals, ideas and contributions that may be considered during the process of formulating the 2016 Budget Statement.

German High Level Commission Pays a Courtesy Call on Hon. Min.

On Wednesday April 8th, 2015. The Minister of Health Germany, H.E. Hermann Grohe, leading a delegation paid courtesy call on the Hon. Minister of Finance, Seth Terkper at his office in Accra to discuss the Ghana-German Cooperation for the next 3 years (2016-2018). The Hon Minister of Finance, Mr Seth Terkper, addressing the meeting, assured the business community and investors that the government’s three-year programme with the IMF, will put the economy on the right track for accelerated growth in the medium to long term. 

Implications of the Fall in Crude Oil Prices on the 2015 Budget

Following my appearance before this House in November 2014 and the subsequent approval of the 2015 Budget, the sharp decline in crude oil prices on the world market, has posed and continue to pose a challenge to the achievement of the 2015 economic programme. After careful consideration of these developments and the likely impact on revenues, Government has started to intensify the implementation of approved measures to ensure that MDAs and MMDAs remain within the lower than expected projected revenues. 

Payroll Clean-Up Plan Published By The Inter- Ministerial Committee On Payroll

In line with government’s commitment of addressing the payroll and Human Resource (HR) challenges in the public service holistically, a number of measures have been developed into a Payroll Cleaning Plan for implementation.
The Ministerial Committee on payroll was set up by Cabinet in 2014 with the mandate of identifying areas for further improvement in the payroll and HR administration and recommend measure to address them.

Report On Suspension Of Salaries Of Employees With Zero Bank Account Numbers On The Mechanized Payroll

In September 2014, the Controller and Accountant General’s Department, as part of measures to clean the mechanized payroll data, initiated an exercise to update the bank account details of employees on the mechanized payroll system. The names of employees with zero bank accounts were suspended from the mechanized payroll system pending the submission of the requisite information to the District offices of the Auditor General.


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