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Nana Kay

2 years ago

EXECUTIVE MUST CUT PAY BY 25% TO PREVENT THINGS FROM GETTING WORSE – PROFESSOR STEPHEN ADEI

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Politics

2 years ago

The Chairperson of the National Development Planning Commission, Teacher Stephen Adei, has included his voice to calls for government to decrease its consumption in arrange to move forward on the execution of the economy.

 

 

Agreeing to him, the nation is encountering troubles and to rescue the circumstance, a conceivable lessening within the profit of government appointees and Article 71 office holders would offer assistance.

 

Prof Adei was talking in an meet with Raymond Acquah on JoyNews’ UpFront on Wednesday.

 

 

In his supposition, a decrease in consumption will offer assistance government in mobilising reserves to address the relevant developmental issues within the nation.

 

 

“Why ought to a nation like Ghana have almost four or five ministries of transport? … It’s extraordinary. In other nations, we have one serve, and after that we have specialized heads of these educate. So we will diminish the estimate of government … Really, beneath this circumstance, I think that the official and other things must have a pay cut; possibly 25% will do”, he expressed.

 

He included that, in the event that government does not consider a lessening in a few of its use, the economy may encounter a encourage decay; which seem lead to a worsening of the current circumstance.

 

In his see, given the current obligation profile of government, there’s the require for government costs to be minimised to assist within the servicing of the exceptional obligations.

 

 

“In case you're surpassing your salary, at that point you must acknowledge to live underneath your pay, which is the simple way, something else in case you're winning GHC3,000 and you're in obligation of GHC10,000 you cannot day to day spend GHC3,000. For you to induce out of the cloth you may got to cut your consumption to GHC2,000 since you must benefit your obligation. So we are in that circumstance as a nation”, he said.

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