Well done: TUC tells govt on economic management

The Trades Union Congress (TUC) has commended the government for attaining “remarkable achievements in economic management” but called for policies to transform the gains to better the lives of the Ghanaian.

It said the steady decline in inflation and the reduction in interest rates and the fiscal deficit were as remarkable as were improvements in the trade balance and gross international reserves but wondered what those statistics meant for the lives of Ghanaians and how the achievements could be sustained.

In a statement signed by its Secretary General, Dr Yaw Baah, the labour union said growth in Gross Domestic Product (GDP) per se did not guarantee that a bigger economic pie would benefit everyone, explaining: “We need policies that will move us beyond perpetual stabilisation and help link the stability we celebrate with the daily experiences of Ghanaians.”

It said the GDP growth must translate into decent jobs and housing, improved nutrition, bet