Akufo-Addo, priests ought to discount half of their compensations - Franklin Cudjoe
IMANI Africa President, Franklin Cudjoe, has expressed for there to be a financial circle back, President Nana Addo Dankwa Akufo-Addo and his clergymen should discount half of the pay rates they have required over the most recent 3 years.
He further expressed, going ahead, their ongoing pay rates should be cut by 60%.
Among different solicitations made by the IMANI Africa President were the sudden finish to the installment of ex-gratia and not any more flying of personal luxury planes for unfamiliar outings by President Akufo-Addo.
Carrying this to bear in a Facebook post located by GhanaWeb, Franklin Cudjoe said, "For going to the IMF, the President and priests ought to discount half of all compensations procured in the beyond 3 years. Additionally, diminish current pay rates by 60% and STOP ex-gratia installments. Not any more personal luxury planes! Recall Sri Lanka!"
Compensations of Akufo-Addo, deputies, services, and others cut by 30%
In the mean time, President Nana Addo Dankwa Akufo-Addo on Saturday, July 9, 2022, reported that his compensation and that of every one of his deputies have been cut by 30%.
The 30% cut likewise influences the consumption of services, administrative organizations and divisions.
Tending to Muslims at an Eid-Ul-Adha service on Saturday, President Nana Addo Dankwa Akufo-Addo showed that fuel coupon distributions had likewise been sliced by half, as well as different uses suspended because of the ongoing monetary difficulties.
He beseeched Ghanaians to forfeit to assist the public authority with exploring through the wobbling economy.
"We must make a few penances to manage the cost of us the space to explore the disturbed waters of the ebb and flow financial troubles. The consumption of services, divisions, and organizations has been cut by 30%. The compensations of all deputies including myself have been diminished by 30%. Fuel coupon designations have been cut by 50% and different consumptions suspended," he expressed.
Ghana hurries to the IMF for monetary bailout
It would be reviewed that President Nana Addo Dankwa Akufo-Addo on Friday, July 1, 2022, trained the Finance Minister, Ken Ofori-Atta, to initiate official commitment with the International Monetary Fund.
As per a press explanation located by GhanaWeb, the IMF backing will give "equilibrium of installment support as a component of a more extensive work to enliven Ghana's work back even with difficulties prompted by the COVID-19 pandemic, and as of late, the Russia-Ukraine emergency."
The International Monetary Fund (IMF) around the same time affirmed that the Government of Ghana had rushed to them for a monetary bailout to settle the economy.
Declaring this on the microblogging website - Twitter - on Friday, July 1, 2022, the IMF said it was ready to help Ghana to have a local financial program.
"We affirm Ghana authorities have been in contact to demand IMF support for a local financial program. The Fund stands prepared to help Ghana and anticipates beginning starting conversations before long," the IMF expressed.
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