Former Finance Minister, Seth Terkper, has suggested to President Akufo-Addo to also consider cutting down salaries of the Deputy Chief Executives of the State Owned Enterprises (SOE) as part of a move to cut salaries of the CEOs below the President of Ghana.
His comments come on the heels of the Finance Minister seeking to implement a rationalisation process to cut salaries of CEOs of SOEs whose salaries are higher than the President.
Speaking in an interview with Valentina Ofori Afiryie on the 505 programme on Class 91.3FM on Wednesday, September 20 Mr Terkper said: “We will have to look at some consequences of this decision. First of all we are talking about Chief Executives here so far.
“From what we have heard, you are reducing the salary allowances and compensations for the Chief Executives. Now what about the deputies?
“Just as the Chief Executive is perceived as somebody who shouldn’t earn more than the President, then their deputies should also not earn more than the CEOs and that means that you are talking about qualified persons like accountants , lawyers and others who we are going to be competing with the private sector.
“Are we going to be reducing the salary all the way down for these people as well or we will have the same lopsided situation where those deputies will be earning more than the CEO and the President and Cabinet ministers?
“I think this is where the distinction between the profit-making government entities, often called government business entities, become sharper in the debate. Otherwise we would also likely run mediocre state owned enterprises that are not able to compete.”
Source: Class FM
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Any fuuuuuuuul will know that the discussion was to cut the salaries of the CEOs and other executives. What this guy saying here? No wonder he messed the economy so pathetically. He proves over and over again that he is a blokkkkhead. Mtcheeeeeeeeeeewwww
Isn't it OBVIOUS that the discussion to CUT THE WAGE BILL of the SOE's? Does this crazzzzy and inccompetent Financial Clown think they were cutting the CEO and leaving his underlings/subordinates? Why is NDC filled up with jackasssess, blockhhheaaads, dimmwitts and immmbeciles? Why did some section of Ghanaians vote to keep these fooooooooooools in power????
Anytime this man speaks, i hear nothing but noise. Even simple polio vaccines koraaa, u said there was no money to import. Please stop giving him the platform to speak. Shame.less man. Continue building your hostels for Eastern University. siaw
***barred word*** Terkper, why didnt you do it when you were the minister of finance. ***barred word*** and ***barred word*** man. After all the ***barred word*** you have the courage to tell somebody what to do. I get soo angry when i see the face of this ***barred word***. But for people like you NDC will still be in power by now. Stttuuuuppiiid.
this is simply obvious..... What is this id!otic NDC guy saying? Even a primary school kid knows this... Do you think the salaries of the CEOs will be cut and that of the deputies untouched? .... Go and hide in a rat hole and allow good hearted people to transform our country. You NDC guys were dev!l!sh.....
hahaha. one would think this would be a logical outcome of such a policy but then again Mr terkper is a politician so nothing less is expected of him but politicks.
If I reduce salaries of CEOs, of course the deputy CEOs will be affected as well. It's as logical as 1-2-3!