A previous Rector at the Ghana Institute of Management and Public Administration (GIMPA) Professor Stephen Adei has told Ghanaians not to expect that the compensation cut by the President and the Council of State will tackle the current issues confronting the country.
In his view, the motion just shows that the pioneers are showing others how its done and perceiving that the nation is going through difficulties.
To have the option to raise the required income to tackle the issue, he said Ghanaians should acknowledge to pay the E-demand.
Prof Adei further asked the President to likewise lessen the size of his administration as an approach to setting aside cash.
He told columnists uninvolved of a unique conference to present privileged doctorate certifications on four prominent Ghanaians at GIMPA on Wednesday March 23 that “fourteen days prior, I said that the chief, parliament should cut their payments by 25%. Allow us to take care of business, regardless of whether they , it is a modest quantity, it won’t save us from the present circumstance however it is an authority model. You are sending the message to individuals that we are in trouble, individuals are enduring and we need to endure with you. So that ideally, in a year or eighteen months, we will all come out
“So don’t allow anyone to imagine that when they cut these pay rates then the issue is addressed all together in light of the fact that we are discussing a large portion of a billion when we want billions.”
The previous Board Chair of the Ghana Revenue Authority (GRA) further said “I expect [the President] to track down approaches to trimming use, increment income, trimming off the size in the public authority,
“I imagine that despite the fact that every one of you could do without it, I feel that we ought to go for the E-demand, it is a duty which we want now to save Ghana from its present circumstance. The explanation is that there are extremely restricted road in the present moment to raise income. On the off chance that you and I don’t uphold the public authority at this stage we will pay it through the alternate way – falling Cedi, rising expansion. So individuals don’t understand when they say they wont pay the E-demand, you will wind up paying,” he said.
This is one of the measures introduced by the government to deal with the economic problems facing the country at the moment, the Presidency said.
The President assured the nation that the Minister of Finance Ken Ofori Atta will be announcing the measures that have been taken by the government to tackle the economic challenges facing the country at the moment.
Mr Akufo-Addo said this during a meeting with Council of State members at the Jubilee House in Accra on Tuesday March 22.
He said “The Minister for Finance is going to have major engagement with the nation on Thursday where he is going to be in the position to lay out specifically the measures that we have taken or we intend to take to correct or put the ship of sail better.”
Mr Akufo-Addo further observed that the challenges that are facing Ghana are similar to those pertaining in many countries around the world.
He noted that it is no secret that Ghana is going through economic turbulence.
He said the government has the ability of finding solutions to the challenges.
“It is no secret that our economy is going through difficult times. It is also no secret that we are not alone in that exercise. The many of the phenomena that we are facing are phenomena that are apparent in many other parts of the world but that doesn’t therefore mean that government is impotent in trying to find solutions,” the President said.
Members of the Council of State have also decided to reduce their monthly allowances by 20 per cent until the end of the year.
This decision was taken due the economic difficulties that the country is facing at the moment, Chairman of the Council, Nana Otuo Siriboe II, said.
Speaking during a meeting with the President at the Jubilee House in Accra on Tuesday March 22, Nana Otuo Siriboe II said “Mr President, over the past few weeks, the Council has been deliberating on the current economic conditions of the country and have been collecting views with the view to sharing with you as early as possible.
“As we were going through our routines, you and your cabinet were at a retreat over the same issues. Since yesterday, we have been fed with snippet of information regarding some of the decisions that you have made.
“We are particularly delighted to read that you and your cabinet have decided to reduce some of your emoluments and your allowances. Mr President, in tandem with your decision we as Council of State had also decided that we will reduce our monthly allowances by 20 per cent until the end of this year.”