The national daily minimum wage in Ghana will increase by 10% to GHS 19.97, starting March 1, 2025. Updates may not fully consider inflationary pressures. More details can be found in the linked sources.
The Government of Ghana has announced an update to the national daily minimum wage, effective from March 1, 2025. This revision marks a 10% increase, elevating the minimum wage from GHS 18.15 to GHS 19.97 per day. The adjustment aims to enhance the income of workers, ensuring better living standards despite pressing economic challenges.
For further details regarding the modifications to the minimum wage, interested parties are encouraged to visit the provided resources. Relevant links may be found on the minimum wage pages: https://mywage.org/ghana/salary/minimum-wages and https://africapay.org/ghana/salary/minimum-wages.
It is important to note that the recent increase in the minimum wage may not fully align with current inflationary trends, which could impact its effectiveness in achieving real wage growth for workers.
In summary, Ghana’s minimum wage has been increased by 10% to GHS 19.97 per day, effective from March 1, 2025. This rise aims to improve the financial situation of workers, although it may not adequately keep pace with inflation. Stakeholders are advised to review further information from the provided links to understand the implications completely.
Original Source: wageindicator.org