The Ghana Trades Congress (TUC) has issued a statement on the outcome of its General Council Meeting that has, among other things, backed plans by the government to restructure two state-owned banks.
The TUC said the plan to reform the National Investment Bank (NIB) and the Agricultural Development Bank (ADB) to focus on growth and development of industry and agriculture, respectively was a step in the right direction.
The TUC Council also commended the government for the banking sector reforms and expressed confidence in the clean up’s ability to strengthen the sector.
The Ghana Trades Congress (TUC) has issued a statement on the outcome of its General Council Meeting that has, among other things, backed plans by the government to restructure two state-owned banks.
The TUC said the plan to reform the National Investment Bank (NIB) and the Agricultural Development Bank (ADB) to focus on growth and development of industry and agriculture, respectively was a step in the right direction.
The TUC Council also commended the government for the banking sector reforms and expressed confidence in the clean up’s ability to strengthen the sector.
“The people of Ghana are now looking forward to a stronger and more stable banking sector that can support a sustainable socio-economic transformation,” it said.
The General Council Meeting of the TUC was held on June 27 and 28, 2019, at the Public Utility Workers’ Union Centre at Kasoa in the Central Region.
The Council discussed the TUC Mid-Year Report, a significant part of which was devoted to the political, social, and economic situation in the country.
The Council also discussed developments at the labour front as well as the outcome of the 108th Session of the International Labour Conference (ILC) which took place from 10th to 21st June in Geneva, Switzerland.
The Council also said Ghanaians expect that the improvements in macroeconomic management, as shown by the macroeconomic economic indicators, should reflect visibly in their pockets and in their lives.
The Ghana Trades Congress (TUC) has issued a statement on the outcome of its General Council Meeting that has, among other things, backed plans by the government to restructure two state-owned banks.
The TUC said the plan to reform the National Investment Bank (NIB) and the Agricultural Development Bank (ADB) to focus on growth and development of industry and agriculture, respectively was a step in the right direction.
The TUC Council also commended the government for the banking sector reforms and expressed confidence in the clean up’s ability to strengthen the sector.
“The people of Ghana are now looking forward to a stronger and more stable banking sector that can support a sustainable socio-economic transformation,” it said.
The General Council Meeting of the TUC was held on June 27 and 28, 2019, at the Public Utility Workers’ Union Centre at Kasoa in the Central Region.
The Council discussed the TUC Mid-Year Report, a significant part of which was devoted to the political, social, and economic situation in the country.
The Council also discussed developments at the labour front as well as the outcome of the 108th Session of the International Labour Conference (ILC) which took place from 10th to 21st June in Geneva, Switzerland.
The Council also said Ghanaians expect that the improvements in macroeconomic management, as shown by the macroeconomic economic indicators, should reflect visibly in their pockets and in their lives.
“We are also expecting government to use the upcoming mid-year review to announce measures that concretely put the country on a more sustainable path that consolidates the apparent successes in macroeconomic management and ensure that Ghana never returns to IMF for a programme,” the statement said.
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