The National Tripartite Committee (NTC) has officially commenced negotiations on the 2025 National Minimum Wage, with discussions starting on Monday, February 3, 2025.

The committee, which includes representatives from the Government, Employers, and Organised Labour/Associations, is tasked with determining the wage structure for the upcoming financial year.

Following the conclusion of minimum wage negotiations, discussions will shift to the base pay for public sector salaries, which is a critical aspect of wage determination in Ghana’s workforce

The negotiations are taking place against the backdrop of delays in the wage-setting process, as the Public Financial Management (PFM) Act mandates that discussions should have been completed by the end of April 2024 to guide budget planning.

In light of this, the Government has urged all social partners – Employers, Organised Labour, and Government representatives – to accelerate discussions to ensure that outcomes are finalized in time for inclusion in the 2025 Budget.

Felix Kwakye Ofosu, MP, and Acting Spokesperson to the President, emphasized the need for timely negotiations, stressing that the delay could impact fiscal planning and salary adjustments for workers.

With rising concerns over inflation, cost of living, and economic stability, stakeholders are expected to engage in rigorous discussions to reach a fair and sustainable wage agreement that balances the interests of both workers and employers.

The outcome of these negotiations will be crucial in shaping the financial well-being of Ghanaian workers in 2025.