Africa-Press – Ghana. Members of the Council of State have agreed to cut down their monthly allowance by 20 per cent for the rest of 2022 to support the Government’s economic recovery bid.
Nana Otuo Siriboe, Chairman of the Council, announced this on Tuesday when the body conferred with the President at the Jubilee House, Accra. He said the gesture, was the Council’s “widows mite” in support of the move by the Government to reduce the salaries of appointees by 30 per cent to keep the economy afloat.
Nana Otuo Siriboe urged other State organs to emulate the example for efforts by Government to stabilise the economy to yield the needed result. President Akufo-Addo was grateful the act of solidarity with the Government by the Council.
“I am happy about the decision you have made to join the efforts to downsize the expenditure of our public finances.
” We intend to do it and I am grateful for the act of solidarity on the part of the Council, ” he said.
The meeting later went into a closed session, where the Finance Minister, Mr Ken Ofori-Atta was expected to brief the Council on the outcome of the recent Cabinet retreat at the Peduase Presidential Resort.
The President before the closed door session announced that the Finance Minister would engage the public on Thursday, March 24, 2022, on the measures the Government intended to adopt to manage the country’s current economic crisis.
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