Gov�t To Freeze Public Sector Pay In 2014

Government has served notice that it may freeze salaries of public sector workers at current levels throughout next year, provided organised labour gives its consent. The move is to help manage government's spending. The Minister of Finance, Mr.Seth Terkper, made the announcement when he moved the motion for lawmakers to pass the Appropriation Bill to regulate government spending next year. Mr. Tepker appealed to public sector workers to accept the intended freeze on pay increases. Speaking to Citi News Mr. Tepker further indicated that it was imperative for government to exercise moderation on salaries to rebalance budget. �I indicated that it will be important that we continue to exercise some moderation so that we will be able to rebalance the budget, allocate resources particularly investment expenditure. It is in this context that I also indicated that it will be good for all who are part of the whole forum to follow the example of his excellency and his executives and if possible have a moratorium on increases in salaries,� he stressed.