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    Employ targeted-subsidized systems to check macro-economic challenges – Prof. Quartey

    Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    BoG, CSA deepen collaboration to fight cyber threats

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

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    Cedi Summit comes off today at Alisa Hotel

    BoG’s supply of dollars to BDCs drops from 85% to 21% within 3 months – CBOD

    Societe Generale Ghana launches new ‘boafo loan product’ assist MSMEs

    CBOD calls for a more structured supply of Forex for petroleum products

    Bank of Namibia Governor pays courtesy call on BoG Governor

    DBG funds will not be used to buy gov’t securities – Deputy CEO assures

    Producer Price Inflation rises again to hit 33.5% in May 2022

    #CitiBusinessFestival: Garment industry needs financial support to thrive – Cyndex CEO

    Ghana tops list of countries with cheapest cost of electricity in West Africa

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    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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TUC, other groups sign MoU with gov’t to participate in management of economy

byLawrence Segbefia
April 20, 2019
in Banking And Finance, Business, Government, Local Economy
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The Trades Union Congress (TUC) and the Employers Association have signed a Memorandum of Understanding with the Finance Ministry and the Ministry of Employment and Labour Relations for effective participation in discussions relating to the management of the economy.

The TUC and the Employers Association now have a slot to make inputs into policies pertaining to government’s expenditure, debt management and other fiscal policies before those policies are implemented.

A 19 member council chaired by the Finance Minister is set to be formed.

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Other members of the council will include the Minister of Employment and Labour Relations and representatives of the Trades Union Congress and the Employers Association.

The Memorandum of Understanding was signed after series of discussions between government, the Trades Union Congress and the Employers Association over the need for a social partnership between the four entities that will allow them deliberate and work together for effective management of the economy.

The partnership is to among other objectives provide a platform for frank and open by the stakeholders on macroeconomic issues.

The stakeholders will also analyze key development issues and advice government on those issues.

“It will create some sort of transparency and openness with regards to data and structure, so that we can think through together. Two, three heads always work together. And really, the old enmity of government and labor is not the type of record we want to keep,” Finance Minister Ken Ofori-Atta told Citi Business News after the signing ceremony.

The Trades Union Congress expressed confidence their contributions will be duly considered.

 

By Nana Oye Ankrah/Citibusinessnews.com/Ghana

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