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March 11, 2016
Government authorizes immediate payment of severance
obligations
Accra, Dec. 22, GNA - The Government has authorized the
immediate payment of outstanding severance obligations
totaling 124 billion cedis to employees of nine divested
State-Owned Enterprises (SOEs).
A statement by Public Relations Unit of the Ministry of
Finance and Economic Planning signed by Ms Cecilia Akwetey
said payment would be effected as soon as all the necessary
paper work had been completed.
SOEs affected are State Construction Company; GIHOC
Pharmaceuticals; Ghana Food Production Company; GIHOC
Footwear Company; Pomadze Poultry; Aboso Glass Factory;
Bonsa Tyre; GNTC and Ghana Food Distribution Corporation.
The statement said the Divestiture Implementation Committee
would pay the severance awards due Ghana Food Distribution
Corporation while the rest would be paid form the Government
chest.
GNA
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