• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, August 21, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

We Will Seriously Digest The Budget On Monday- TUC

Maynard Championby Maynard Champion
November 26, 2022
Reading Time: 3 mins read
Add as Preferred on Google
Deputy Secretary-General of the Trades Union Congress (TUC), Joshua Ansah.

Deputy Secretary-General of the Trades Union Congress (TUC), Joshua Ansah.

Deputy Secretary General of the Trades Union Congress (TUC), Joshua Ansah, has revealed that the Union will seriously digest the 2023 budget presented by the finance minister, Ken Ofori-Atta, on Monday.

According to him, he is disappointed and that the union’s post budget assessment on Monday November 28, 2022, will fully respond to the government’s budget for the 2023 fiscal year.

Describing the hiring freeze as unfortunate, Mr Ansah noted that there is already a “teeming unemployment situation” in the country. As such, if employment within the public sector in 2023 won’t be possible, then it will negatively impact the high rate of unemployment in the country.

“This budget was read and TUC, normally after the budget, we have our post budget meeting where the committee for social and economic and political organization committee meet to digest the budget and then advise the TUC on the way forward. So, on Monday, God’s will, we are going to hold that very meeting then, immediately after that we will actually announce our reaction or position on the budget.”

Joshua Ansah

The Deputy Secretary General of TUC explained that he is disappointed by some aspect of the budget. He indicated that the union requested government not to accept any condition from the International Monetary Fund (IMF), with regards to an embargo on employment in the country.

ADVERTISEMENT

“…When the IMF team were here, that was something that TUC actually pointed out to government that as for IMF they normally come out with conditionality and one of their conditions is to freeze employment and that is what we don’t want to hear. Unfortunately, it has come. So, TUC will seriously digest the budget on Monday and come out with our position.”

Joshua Ansah

Drastic measures carried out by government

Meanwhile, a Deputy Communications Director of the New Patriotic Party (NPP), Abdul Kamal Deen, revealed that the government acknowledges that times are hard for Ghanaians hence, the drastic measures taken in the 2023 budget statement.

Commenting on the embargo placed on employment into the public and civil service, he indicated that it means “those who have reached retirement age must go for them to be replaced”.

It will be recalled that the Finance Minister, Ken Ofori-Atta, while presenting the 2023 budget statement on Thursday, November 24, 2022, announced the decision to freeze hiring within the public sector by government as part of measures to reduce the soaring public expenditure. He stated that this is geared towards expenditure rationalization going forward.

Among other things, Mr Ofori-Atta emphasized that there will be a ban on the use of V8s/V6s or its equivalent except for cross country travel in 2023. Additionally, government vehicles would be registered with GV green number plates from January 2023.

He further noted that there will be limited budgetary allocation for the purchase of vehicles and for the avoidance of doubt, purchase of new vehicles shall be restricted to locally assembled vehicles.

ADVERTISEMENT

READ ALSO: Large-scale Mining Companies To Sell 20% Of All Refined Gold To BoG From January 1

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: 2023 BudgeteconomyGhana NewsHiring freezeTrades Union Congress
Please login to join discussion
Previous Post

Akwaboah Gives Sarkodie His Flowers For Being A Great Inspiration On Him

Next Post

Value Of MoMo Transactions Hits GHS100 billion In October

Related Posts

Suame Interchange Project
General News

Suame Interchange Phase 2 Now 87% Complete, Set to Open in October

August 21, 2026
President John Dramani Mahama at his Inauguration
General News

Mahama: My Mission Is to Prove Democracy Delivers Prosperity in Africa

August 21, 2026
National Council of Parent Teacher Association
General News

No Child Should Be Blamed For Abuse — PTA National Council

August 21, 2026
Dr Justice Srem Sai, Deputy Attorney General and Minister for Justice
General News

Deputy AG Slams Oppong Nkrumah’s Injunction Bid as “Deliberate Falsehood”

August 21, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Republic Bank, Enterprise Life Roll Out New Insurance Plans

Republic Bank, Enterprise Life Roll Out New Insurance Plans

August 21, 2026
Suame Interchange Project

Suame Interchange Phase 2 Now 87% Complete, Set to Open in October

August 21, 2026
SIC Insurance Shareholders Set for GH¢20m Dividend Windfall As Profit Hits GH¢84m

SIC Insurance Shareholders Set for GH¢20m Dividend Windfall As Profit Hits GH¢84m 

August 21, 2026
Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts

Trump Opens Door To Temporary Tariff-Free Beef Imports

August 21, 2026
Ghana’s FDI Jumps From US651.7m to US2.6bn

Ghana’s FDI Jumps From US651.7m to US2.6bn

August 21, 2026
ADVERTISEMENT
Next Post
Mobile Money Wallets Surge to Historic GH¢40bn

Value Of MoMo Transactions Hits GHS100 billion In October

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.