The cedi has appreciated by 42% in recent times
The Public Services Workers Union (PSWU) has commended the government for stabilising the Ghana cedi and urged sustained efforts to consolidate the gains for national progress.
Ernest Gardesey, Bono Regional Chairman of the PSWU, in an interview with the Ghana News Agency (GNA), praised the 2025 Mid-Year Budget Review presented to Parliament by Finance minister Dr Cassiel Ato Forson, describing it as reflective of improving economic indicators.
He called on the government to adequately resource public institutions to empower them to deliver on their mandates effectively, noting that most state institutions depended entirely on government funding.
“If public institutions are expected to execute their duties effectively, then the government must also commit to resourcing them adequately,” he said, citing Section 9 of the Labour Act 651, which mandates employers to provide workers with the tools to perform their duties.
“Beyond salaries, workers need the resources to deliver quality services that benefit the wider public,” Gardesey added.
He also lauded the reduction in ministerial appointments and portfolios, describing it as a positive sign of fiscal discipline.
“So far, there are no reports of scandal or waste in government expenditure, which shows a tightening of belts,” he noted, adding that declining inflation, lower transportation costs, and reduced prices of some food items were signs of improvement.
However, he emphasised the need for investment in sustainable agriculture, stressing the importance of year-round farming to stabilise food prices and reduce inflation.
“If we grow our own food consistently, we can ease inflation, improve food security, and enhance the socio-economic livelihoods of the people,” Gardesey said.
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