The National Tripartite Committee (NTC) has announced a 10% increase in the National Daily Minimum Wage (NDMW) for 2025, raising it to GH₵19.97. The new wage will take effect from March 1, 2025.
The decision, reached after extensive deliberations, considered prevailing economic challenges, the rising cost of living, and the need to sustain businesses while ensuring fair wages for workers. The NTC, comprising government officials, employers, and organized labour representatives, emphasized the importance of balancing employment security with economic realities.
A communiqué signed by Labour Minister Dr. Pelpuo, Ghana Employers Association President Nana Dr. Emmanuel Adu-Sarkodee, and TUC Secretary-General Joshua Ansah confirmed that the 2025 NDMW would be exempt from taxation.
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Dr. Pelpuo stressed that institutions failing to comply with the new wage policy would face legal sanctions. He reaffirmed the government’s commitment to enhancing living standards while maintaining economic stability and commended stakeholders, including employers and organized labour, for their cooperation during negotiations. He also lauded the Fair Wages and Salaries Commission for its technical expertise in facilitating the discussions.
Finance Minister Dr. Cassiel Ato Baah Forson acknowledged the financial strain on both employers and workers, stating, “We are in this together.” He assured businesses that the government is focused on accelerating economic recovery to support enterprise growth and job creation.
This agreement reflects a collective effort to address the needs of Ghana’s workforce while paving the way for economic resilience and recovery.