IMANI-Ghana and World Bank organise debate on subsidies

IMANI-Ghana and World Bank organise debate on subsidies

November 13, 2009
The debate was on the motion: "Subsidies Are Required Now For Ghana's Development".

Participants agreed that subsidies were important to help sustain young domestic industries, make them more competitive and reduce prices of products to ensure affordability by the poor in society.

They agreed that government should provide subsidies to the agricultural sector in the form of fertilizers as well as the health and educational sectors.

Those in favour of the motion were, Nana Asante Bediatuo, Managing Partner of Ampem Chambers, Mr Augustine Adongo, Business Development Specialist and Mr Kingsley Ofei-Nkansah, General Secretary, General Agricultural Workers Union, Ghana Trades Union Congress.

GNA