The government has approved a 15% Cost of Living Allowance (COLA) on the base pay for public sector workers effective 1st July 2022.
The various worker unions, which include the four teacher unions, the Ghana Medical Association (GMA), and the Public Sector Workers Union (PSWU), among others, demanded the payment of 20% of their basic salaries as Cost-of-Living Allowance (COLA) due to the current economic situation in the country.
Both sides reached a conclusion on the 15% COLA with all industrial actions and threats to be called off immediately and members of the aforementioned union groups to return to work.
The government, represented by Minister for Finance (MoF); Ken Ofori-Atta, Minister for Employment and Labour Relations (MELR); Ignatius Baffour Awuah, and Chief Executive Officer of Fair Wages and Salaries Commission (FWSC); Benjamin Arthur signed on behalf the government while the Secretary of the Trade Union Congress, Dr Anthony Yaw Baah and the President of Ghana Registered Nurses and Midwives Association signed on behalf of Organised Labour