'LEAST REPAYMENT IN GHANA EXCESSIVELY LOW, PEOPLE BENEFIT EXTRA OUTSTANDING' - GODFRED BOKPIN

June 30, 2022
3 years ago

 

 

A economic expert and Professor of Finance, Godfred Bokpin, has expressed Ghana's modern negligible repayment for public locale people is not anything to jot down down homegrown approximately.

He referenced that people benefit extra noteworthy than what they are getting.

In his view, the modern repayment isn't anyt any location close to what people are guessed to get.

Ghana's grade by grade insignificant repayment have become reconsidered with affect from January first, 2022, from GH¢12.fifty 3 to GH¢13.fifty 3.

Yet, Prof. Bokpin accepts the quantity is horrendously deficient.

"Our insignificant repayment isn't anyt any location close to negligible with the aid of using any means. Individuals benefit extra outstanding than this. Maybe whilst we are going for exchanges we must go with realities for correlation," he expressed.

He made the critique for the time period of the Ghana National Association of Teachers' (GNAT) Investment Forum held on the University of Ghana on Wednesday, June 29, 2022.

Concerning thru technique of technique for the Social Security and National Insurance Trust (SSNIT), he referenced that the ventures were taking walks withinside the negatives over the past periods.

 

He ultimately importuned the manipulate of SSNIT to growth their endeavors round there.

"The earnings of the ventures were horrendous and this is in which I renowned as apparent with SSNIT must up their game," he expressed.

That's what he conveyed "In expressions of blessings inclusion, we are not doing gravely with the aid of using any means."

The Director of the SSNIT, Dr. John Ofori-Tenkorang, notwithstanding, discredited the pronounce that their ventures are taking walks into the negatives.

He alternatively stated that SSNIT is the best kingdom of blessings plot any employee can get.

"The SSNIT plot is the palatable which you would possibly at any factor get anyplace else as a long way as annuities is worried, withinside the occasion which you do not be vital for to make commitments no question approximately it," he expressed.