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The government through the Controller and Accountant General’s Department (CAGD) has released a total sum of GH₵485 million for the monthly 15% Cost of Living Allowance (COLA) to workers.
The amount, according to the statement from the Controller and Accountant General’s Department (CAGD), settles for two months of arrears, July and August 2022.
The CAGD said it made the payment pursuant to the approval given by the Ministry of Finance on 1st August 2022 following the agreement signed between the government and Organised Labour on 14th July 2022.
The 15% COLA was demanded by four teacher unions, namely, the Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers (NAGRAT), Teachers and Education Workers Union (TEWU), and the Coalition of Concerned Teachers (CCT).
Other public sector unions such as the Ghana Medical Association and Public Sector Workers Union also demanded the COLA.