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Ahead of the mid-year budget review, the Ghana Union of Traders (GUTA) has made clear demands of the government, including the stabilization of the local currency.
GUTA claims that they want practical steps taken by the government to either maintain or lower the existing exchange rate.
Dr. Joseph Obeng, President of GUTA, stressed that a significant issue for companies will be resolved by fixing the currency rate.
During an interview with Osei Akoto Kanu on OTEC FM’s Dwabrem afternoon political show on Monday, Dr. Obeng mentioned that the high exchange rate is causing most firms to face difficulties.
He went on to say that most enterprises will have a stable operating environment if the currency rate is stabilized. The date of the mid-year budget review is July 23, 2024.
Source: Ghanatodayonline.com/Kwame Agyenim Boateng
