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Fri, 23 May 2025 Headlines

I’ll ensure locally producible goods are not imported — Finance Minister 

Minister for Finance, Dr. Cassiel Ato ForsonMinister for Finance, Dr. Cassiel Ato Forson

The Minister for Finance, Dr. Cassiel Ato Forson, has pledged to implement policies that will restrict the importation of products that can be manufactured locally.

This, he says, is part of measures to protect Ghanaian industries, create jobs, and enhance the value of local production.

The minister made this known in a post on Friday, May 23, after a meeting with the leadership of the Plastic Manufacturers Association of Ghana.

According to him, members of the association raised serious concerns about tax policies, export constraints, the abuse of import exemptions, and the influx of substandard plastic products into the Ghanaian market.

In response, Dr. Ato Forson said he is committed to shielding local manufacturers through sound policy direction.

“Let me be clear: I will champion a policy to ensure products that can be produced locally are not imported,” he stated, adding, “We must protect Ghanaian industries, create jobs, and add value to what we make right here at home.”

The Finance Minister further assured that government is taking bold steps to stabilise the economy and make it easier to do business in the country.

“I also assured them that government is taking bold steps to stabilise the economy, bring down inflation, and strengthen the cedi—because these directly impact port charges and the cost of doing business,” he wrote.

He noted that his outfit will collaborate with the Ghana Revenue Authority (GRA) to plug revenue loopholes at the ports.

Isaac Donkor Distinguished
Isaac Donkor Distinguished

Is a journalist with a keen interest in politics, current affairs, and social issuesPage: isaac-donkor-distinguished

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Started: 06-06-2025 | Ends: 06-07-2025

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