• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

Gyampo to government: Prepare for a shutdown of the public service if you touch pension funds

3 years ago
in Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
54
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Gyampo to government: Prepare for a shutdown of the public service if you touch pension funds

A professor in the Political Science Department of the University of Ghana, Ransford Gyampo is warning of a total shutdown of the public sector if governments does not exempt pension funds from its debt restructuring programme.

At least seven labour unions – Teachers and Education Workers’ Union (TEWU), Ghana National Association of Teachers (GNAT), Ghana Registered Nurses and Midwives Association (GRNMA), National Association of Graduate Teachers (NAGRAT), Ghana Medical Association (GMA), Ghana Chamber of Commerce and the Trades Union Congress (TUC) – have raised red flags over the programme.

In Facebook post on Monday (18 December), Gyampo said labour unions should not suffer over governments incompetence and reckless borrowing.

“We represented UTAG at the TUC-convened Joint Labor Union Meeting this afternoon. The government can go ahead with its Debt Restructuring Programme, but it must not touch the pension of the poor Ghanaian worker. We aren’t the ones whose incompetence and reckless borrowings resulted in this mess.”

“The soft tone language and quotation of scripture as a veneer to punish poor workers for the offence of the government, won’t solve the hype in hypertension of our members,” he said.

Gyampo added “Let the government brace itself for a total shutdown of the public sector from 27th of December 2022, if it wants to remain intransigent.”

RelatedPosts

Africa’s Borrowing Costs are too High: The G20’s Missed Opportunity to Reform Rating Agencies

One in Two Nigerians Live in Poverty: Why Relief Programmes Have Failed

Developing Countries Accuse Rich of Broken Climate Promises at UN

Tags: Debt Exchange ProgrammeGyampo to government: Prepare for a shutdown of the public service if you touch pension funds
No Result
View All Result

Highlights

Ghana Urged to Embrace Non-Interest Finance to Drive Inclusive Growth

Finance Minister Welcomes IMF Team for Fifth Review of Ghana’s Programme 

NPP-Linked Patriotic Institute Defends Gold-for-Oil Programme Against IMANI’s “Leakage” Claims

Germany’s RWE Pulls Out of Namibia’s $10 Billion Green Hydrogen Project

IMF Urges Fiscal Discipline and Structural Reforms as Eswatini’s Growth Outlook Strengthens

IMF Mission Reviews São Tomé and Príncipe’s Economy Amid Inflationary Pressures and Power Shortages

Trending

Business

Africa’s Borrowing Costs are too High: The G20’s Missed Opportunity to Reform Rating Agencies

September 30, 2025

Africa’s Borrowing Costs are too High: The G20’s Missed Opportunity to Reform Rating Agencies One of the commitments...

One in Two Nigerians Live in Poverty: Why Relief Programmes Have Failed

September 30, 2025

Developing Countries Accuse Rich of Broken Climate Promises at UN

September 30, 2025

Ghana Urged to Embrace Non-Interest Finance to Drive Inclusive Growth

September 30, 2025

Finance Minister Welcomes IMF Team for Fifth Review of Ghana’s Programme 

September 30, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.