• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Economy 201707

Public Sector Workers Face Salary Loss In August

30-Jul-2017
/ Economy, Business
Email
Print
Comments 1
(1)
Comments
Share on Facebook Share on Twitter
 

The Controller and Accountant-General (CAG), Eugene Ofosuhene, has warned Heads of Departments and Agencies in the public sector to validate their employees before August or risk forfeiting their salaries.

CAG, on a monthly basis pays the salaries of over 500,000 employees across the country.

The caution follows government’s decision to upgrade workers onto the Electronic Salary Payment Voucher (ESPV) in a bid to ensure prudent financial management.

At a stakeholders’ engagement on ESPV in Accra, the CAG emphasized that: “We will stop salaries of HoDs and their staff for non-validation with effect from August 2017.

For 2017, HoDs who fail to do the validation of their staff, their salaries will be frozen and the officers who are not validated will have their salaries frozen that is the message. As we move into next month’s salary, it will be rigidly applied; no validation, no pay,” Mr. Ofosuhene said.

The ESPV was rolled out in 2014 after several months of stakeholder engagements and sensitization.

“The truth is that if all stakeholders collaborate and play their respective roles well, the issue of ghost names and unearned salaries would be a thing of the past. It is certainly a very good initiative and the huge investments made in it cannot be made to go waste,” he said.

The objective of the meeting, the CAG explained was to re-orient Heads of Department and Unions on the importance of ESPV, bring to the fore challenges threatening the ESPV and also to accord Heads of MDAs and other stakeholders to seek clarification on issues pertaining to ESPV and Payroll Administration generally.

Source: B&FT

 

 
 

 

Comments ( 1 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Duffuor’s IFS Tasks Gov’t

Next Post

Government Receives GHS1.49 Billion For 5-Year Bond

 
 

More Stories

Finance Ministry Positive Over Ghana’s Debt Restructuring In China
FWSC To Clear ‘Ghost Names’ On Public Payroll
Govt Bonds Fall By 21.09%
This Week Is Crucial For $3bn IMF Bailout
Consumer Inflation Eases Further To 52.8% In February
Fuel Prices To Drop Between 3% and 10% From March 16
Ofori-Atta Approves New Rates For Road Toll Reintroduction
Policy To Reduce Over US$10bn Imports Ready
Govt To Set T-Bill Rates At Lowly 15% In Cost-Cutting Move
Next Post

Government Receives GHS1.49 Billion For 5-Year Bond

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Economy Stories

  • Finance Ministry Positive Over Ghana’s Debt Restructuring In China

  • FWSC To Clear ‘Ghost Names’ On Public Payroll

  • Govt Bonds Fall By 21.09%

  • This Week Is Crucial For $3bn IMF Bailout

  • Consumer Inflation Eases Further To 52.8% In February

  • Fuel Prices To Drop Between 3% and 10% From March 16

  • Ofori-Atta Approves New Rates For Road Toll Reintroduction

  • Policy To Reduce Over US$10bn Imports Ready

  • Govt To Set T-Bill Rates At Lowly 15% In Cost-Cutting Move

  • Sri Lanka Expects Approval Of $2.9 Billion IMF Deal After China Support

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (23/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (22/03/2023)

Peace Power Sports (23/03/2023)

Peace Power Sports (22/03/2023)

Akan News @ Midday On Peace 104.3 FM (22/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (22/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media