Ghana has increased its National Daily Minimum Wage by 10% to GHS19.97, effective March 1, 2025, moving up from GHS18.15. This change highlights efforts to improve worker compensation, though it may not fully address inflation concerns.
As of March 1, 2025, the minimum wage in Ghana has been officially updated. The National Daily Minimum Wage (NDMW) now stands at GHS19.97, following a 10% increase from the previous wage of GHS18.15. This adjustment is pivotal for the workforce and reflects ongoing efforts to enhance earning capacities.
For further details regarding the changes in minimum wage, individuals may refer to the following resources:
– [My Wage Ghana: Minimum Wages](https://mywage.org/ghana/salary/minimum-wages)
– [Africa Pay: Minimum Wages](https://africapay.org/ghana/salary/minimum-wages)
It is important to note that this increase may not completely account for prevailing inflation trends affecting the economy.
In conclusion, the revision of the minimum wage in Ghana effective March 1, 2025, represents a significant increase aimed at improving the welfare of workers. However, it is essential to acknowledge that the adjustment may not fully align with the current inflation rates, necessitating ongoing review of wage policies.
Original Source: wageindicator.org
