Finance Minister Dr. Cassiel Ato Forson has announced a new policy shift aimed at curbing revenue leakages at Ghana’s ports. He said the government will collaborate closely with the Ghana Revenue Authority (GRA) to plug loopholes and improve collections.
Speaking at a meeting with the Plastic Manufacturers Association, Dr. Forson also revealed plans to restrict the importation of products that can be made locally. This initiative aims to protect local industries, boost job creation, and promote domestic manufacturing.
The Association raised several concerns, including unfair taxation, difficulties in exporting goods, abuse of import exemptions, and the dumping of substandard imports. Members called for a broader tax strategy that distributes the burden more fairly.
Dr. Forson acknowledged their concerns and emphasized the government’s commitment to stabilizing the economy. He pointed to ongoing efforts to lower inflation and reduce the exchange rate to ease port charges.
