Friday, 03 July

Mahama pledges better pensions as economy recovers

Business
President John Mahama

President John Dramani Mahama has pledged to improve pensions for retired workers.

Speaking at the Republic Day Senior Citizens' Luncheon in Accra, the president said his administration is committed to rebuilding the economy while ensuring that retirees who contributed to the nation's development enjoy a dignified standard of living.

"I pledge to our senior citizens that as the economy improves, we will improve not only wages and salaries for the active working population but also improve pensions for those who have sacrificed tirelessly for our dear nation, Ghana," he said.

President Mahama said the government is laying the foundation for long-term economic growth through the 24-Hour Economy and Accelerated Export Development Programme, which aims to increase production, create jobs and expand exports.

"We're investing in skills, technology, manufacturing and value addition because we believe that Ghana must become a nation that produces more, exports more and creates prosperity for all," he said.

He noted that restoring economic stability remains a key priority, adding that the benefits of the recovery should be shared by both workers and pensioners.

The president said recognising the contributions of senior citizens requires more than annual ceremonies, stressing that the most meaningful tribute is to build a prosperous and resilient nation.

He added that the government is also prioritising improvements in healthcare, education, agriculture, democratic governance and the prudent management of public resources.

President Mahama reaffirmed his administration's commitment to improving the welfare of older persons, saying economic recovery should result in better living conditions for those who have served the country.

Source: classfmonline.com