The National Tripartite Committee has commenced negotiations to determine the national minimum wage and base pay for 2025.
The discussions involve key stakeholders, including government representatives, organised labour, and employers, who are expected to reach an agreement by the end of April.
The timeline aligns with the requirements of the Public Financial Management (PFM) Act, ensuring that the agreed wage adjustments are incorporated into the 2025 national budget.
In a statement signed by Acting Presidential Spokesperson Felix Kwakye Ofosu, the government urged all parties to expedite negotiations to meet the deadline.
The outcome of the talks is expected to influence wage policies and broader economic planning for the upcoming fiscal year.
The Tripartite Committee’s decision will have significant implications for workers, businesses, and the overall economy, as it seeks to balance fair compensation with economic sustainability.
