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February 20, 2025
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Government, labour agree on 10% base pay increase for 2025

Money
Policy

Key Points

  • The Ghanaian government and organised labour have agreed on a base pay increase for public sector workers.
  • This increment will be effective from January to December 2025.
  • The daily minimum wage has been raised to GH₵19.97 as part of the agreement.
  • This follows a 23% salary adjustment in 2024 and ongoing demands from labour unions to address economic pressures.
  • This marks another wage adjustment in less than a year for public sector employees.

Why This Matters

This agreement directly impacts the financial well-being and purchasing power of a significant portion of Ghana's workforce, public sector employees. It also has substantial implications for government expenditure and the national budget, reflecting ongoing efforts to manage the cost of living amidst economic pressures.

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