20 June 2014

Ghana: Gov't Pay Cut Yields Over Gh¢300,000

press release

The Finance Minister, Seth Terkper, has disclosed that an amount of GH¢327,363.69 cedis has been realized from the ten per cent voluntary deduction of salaries of government appointees.

Mr Seth Terkper disclosed this yesterday when he appeared before Parliament to respond to some questions including how much has been realised from the President and Ministers' voluntary 10 percent pay cut.

The Minister in his budget statement last year announced the plan by the president and his appointees to voluntarily have ten per cent of their salaries deducted for the purpose of building Community based Health and Planning Systems (CHPS) compounds.

The minister informed members that following the announcement intervention an account was established on 7th January 2014 as per letter from the Ministry of Finance and Office of the President.

He said a bank account was opened by the controller and accountants general's department at the Bank of Ghana for the deductions on the 31st of January this year adding that "the total deductions as at May 2014 stood at GH 327,363.69."

He observed that the levels of salaries used for the deductions are determined by Article 71 office holders.

Touching on how many of the CHIPS compound has been constructed so far, Mr Terpker said his outfit had recommended to the President that the amount should accumulate to substantial levels in order that it can make an impact.

He said the ministry has prepared a memo to be submitted to cabinet on whether to provide money through the non-tax revenue mechanism as all voluntary contributions are done and appropriated to the ministry of Health for the implementation of the CHIPS or establish a committee for the construction to begin.

He assured that modalities are being worked out and promised to brief the House immediately a decision is taken by the office of the president

Earlier,the Minister for Food and Agriculture, Mr Kofi Humado, furnished the House with the list of beneficiaries of the 932 tractors and accessories imported from India by the ministry of food and agriculture in 2008.

Source: ISD (Gilbert Ankrah)

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