Ghanatodayonline.com News, Politics, Health, Education & More
The Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, is currently holding a high-level, private meeting with the leadership of the Ghana Union of Traders Association (GUTA), Association of Ghana Industries (AGI), and Food and Beverage Association of Ghana (FABAG).
Price regulation and other urgent issues impacting companies and consumers nationwide are the main topics of discussion.
The meeting takes place as the Ghanaian economy is beginning to show indications of a moderate recovery, with inflation slowly but steadily declining and the local currency gradually strengthening versus major foreign currencies.
The daily activities of citizens have not yet seen these macroeconomic benefits, nevertheless. Many traders and consumers still have to deal with exorbitant costs for goods and services, which has led to calls for action from commercial sector players.
To guarantee that the advantages of recent economic advancements are felt in the marketplace, today’s engagement is anticipated to look at workable alternatives.
The importance of import duties, the enforcement of fair pricing practices, and the necessity of supportive measures to lessen the burden on local firms are important topics on the agenda.
The meeting’s conclusion is anticipated to have an impact on government initiatives meant to raise consumer confidence and stabilize market pricing.
Source: Ghanatodayonline.com
