Finance Minister, Dr Mohammed Amin Adam, has revealed that the Labour Bill, 2024, which seeks to strengthen labour administration and regulation at workplaces will be enacted before the end of 2024.
Dr. Amin Adam disclosed this while presenting the 2024 Mid-Year Budget Review in Parliament on Tuesday, July 23, 2024.
The bill when passed into law will bring significant reforms in the labour sector.
“Mr. Speaker, Government, in collaboration with its Social Partners, has developed a draft Labour Bill, 2024 to strengthen labour administration and regulation of the world of work.
“Key reforms proposed include strengthening labour migration governance, improving employment coordination, extension of maternity leave, and introduction of paternity leave, among others. The Labour Law is expected to be promulgated before the end of the year”.
“Government continues to reform and position the Youth Employment Agency as a facilitator of jobs for the teeming youth. In the first half of the year, about 90,000 beneficiaries were engaged, including 15,000 youth in community policing, 6,000 youth in community health, 1,500 in prison services and 2,100 youth in Garment and Apparel,” he explained.
It will be recalled that during the 2024 May Day Celebration, President Akufo-Addo assured workers that the government was in the process of enacting a new comprehensive and contemporary labour law that protects the interest of all actors in the labour force in the country by the end of the year.
“Organized labour has shared the burden of government and made sacrifices that ensure recovery and stability. The least I can do for the over 11.5 million people in the labour force and the next generation is to enact a new Labour Act that is comprehensive and contemporary and protects the interests of all actors in the world of work,” President Akufo-Addo noted.