[ad_1] A former Deputy Finance Minister and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan, has expressed support for the introduction of the legislative instrument (L.I.) aimed at restricting the importation of specific strategic products. He believes the move could contribute to a reduction in the country’s import bill. However, he highlighted concerns…
[ad_1] K.T. Hammond MINISTER FOR Trade and Industry, Kobina Tahir Hammond, has presented a bill to Parliament aimed at restricting the importation of several products, in a bid to promote local industries and protect the economy. The proposed legislation includes a range of items such as rice, offals locally called ‘yemu adie’, cement, sugar,…
[ad_1] Ghana imported from 47 more countries than it exported to in the first half of 2023, according to the latest report by the Ghana Statistical Service (GSS). The GSS explained that the report provides a comprehensive overview of Ghana’s international trade, critical insights on patterns and trends, and vital for data-informed decision-making and supporting…
[ad_1] Ghana faced a notable trade imbalance in 2022, as indicated by the inaugural Trade Vulnerability Report from the Ghana Statistical Service. The report reveals that the country’s imports exceeded its exports by GH₵4.5 billion, underscoring a significant economic challenge. The most striking contrast emerged in September, during which imports surpassed exports by over GHS4…
