Akim Swedru MP suggests mandatory redundancy program to reduce problem on gov’t payroll

Person in Parliament for Akim Swedru Kennedy Osei Nyarko provides advised the Government of Ghana to a compulsory redundancy program to lay off employees from the public sector. Based on him, this will save the nation some amount of money and also slow up the burden of spending 60 per cent of the country’s revenue upon remunerations. He believes which the monies that will be saved because of the redundancy can be put in entrepreneurship programmes and also offer funding for young lively businesses. Kennedy Osei Nyarko who made this recognized in a post shared in the social media indicated that this is among the best ways to prevent the youngsters from focusing on the government to become employed after school. Examine His Statement HereGovernment happens to be spending 60% of its whole revenues in paying the particular remunerations of just 650, 000 public sector employees out of the 30 million people. This trajectory is not eco friendly and should be changed or even reversed by cutting down the particular wage bill and channeling those monies that will be conserve in supporting young business owners or graduates profitable businesses to set up their own businesses. I am going to not be surprised that in certain years to come the country will be investing its entire revenues within paying public sector employees with nothing left. Basically am giving the opportunity to create a lasting recommendation to Govt, I will advise the government in order to enter into a compulsory redundancy program to lay away at least half of the current general public sector workers and make use of those monies that will be rescued to compensate them by environment them up to run their very own businesses. This practical technique will free the government income bill of about GHc17 billion dollars annually. This 17 billion dollars can be put in an entrepreneurship programs or funding to aid young entrepreneurs and people with bankable businesses to run their very own companies without depending on govt for jobs. Meanwhile, the particular Finance Minister has motivated the youth to desist from depending on government to get jobs. According to him, the federal government is currently burdened with investing 60% of revenue produced on paying salaries; the move he deems not really sustainable and not in the greatest interest of the country. Resource: MyNewsGh. com/ 2021
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