Bawumia targets trade reforms to make Ghana business-friendly
Trade and business policies that reduce the cost of doing business in Ghana formed the focus of a meeting between former Vice President Dr Mahamudu Bawumia and the Trade Advocacy Group.
Former Vice President Dr Mahamudu Bawumia held discussions with a trade advocacy group, focusing on policies that would make Ghana more business-friendly. The association, representing traders, importers, and businesspeople, raised concerns about the cost of importing goods, port-related expenses, shop rents, taxes, and access to credit.
The talks centered on devising policies that would facilitate business growth, job creation, and the exploitation of opportunities within Ghana and the broader sub-region. Port-related costs have become a significant concern, with delays causing increased cargo dwell time, storage, and demurrage liabilities. The government has proposed measures to alleviate some demurrage charges stemming from port delays.
Dr Bawumia, leading this policy dialogue series, aimed to gather insights from various stakeholders on economic challenges and potential policy solutions. These discussions were designed to inform policies that would streamline business operations, expand economic opportunities, and bolster Ghana's standing as a regional trade hub.
He expressed gratitude to the Trade Advocacy Group for their participation and contributions during the meeting.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
