The government is set to introduce a new policy that will require state institutions to purchase selected goods—including rice and sugar—exclusively from local producers, unless they obtain special approval from the Office of the President.
The Minister of Finance, Dr Cassiel Ato Forson, announced the measure during a meeting with the leadership of the Association of Ghana Industries (AGI), describing it as part of a broader effort to strengthen local industries, create jobs, and reduce Ghana’s reliance on imported goods.
“To support our local industries, the government will soon publish a list of items that all public sector agencies must procure locally,” Dr Forson said.
“Going forward, any government procurement from outside Ghana will require special approval from the Office of the President.”
Dr Forson questioned why Ghana continues to import basic commodities such as rice and sugar despite having the capacity to produce them locally.
According to him, no country can achieve meaningful development without a strong industrial foundation. He acknowledged the importance of trade but emphasised the need for deliberate policies to support domestic production.
He also raised concerns about the impact of smuggling on Ghanaian businesses, noting that illegal imports are undercutting local manufacturers.
“The government has identified smuggling routes,” he said, “and will soon introduce measures to prevent the influx of illegal goods that compete unfairly with locally manufactured products.”
As part of a wider industrialisation drive, Dr Forson proposed a working session with leaders in the private sector to discuss how local businesses can leverage the government’s 24-hour economy programme to increase production and stimulate economic growth.
President of the AGI, Dr Humphrey Ayim-Darke, welcomed the government’s move and described it as a positive step towards revitalising the country’s manufacturing sector.
He said ongoing dialogue between the state and industry stakeholders would help address the structural challenges facing local producers.
Latest Stories
-
Ramaphosa keeps cool during Trump’s choreographed onslaught
4 hours -
Veep of National House of Chiefs criticises governance culture of abandoning state projects
4 hours -
Ex NYC Governor Andrew Cuomo under investigation for Covid testimony
5 hours -
OKESS firearm case: Student, stepfather granted GH¢80,000 bail
5 hours -
Ghana throws open its doors with visa processing slashed to 5 days in dramatic policy reset
5 hours -
Italy tightens rules for Italian descendants to become citizens
5 hours -
Trump ambushes S African leader with claim of Afrikaners being ‘persecuted’
6 hours -
Judge says US deportations to South Sudan violate court order
6 hours -
US accepts gifted Qatari plane to join Air Force One fleet
6 hours -
Tottenham beat Man Utd to win Europa League & end 17-year wait for trophy
6 hours -
Clear and strong climate policies are antidote to economic uncertainty – UN Climate Chief
6 hours -
Journalism has become politicised and cheap – KSM laments
7 hours -
Climate Education reaches differently-abled children at Garden City Special School
7 hours -
Mahama’s remarks on Cedi vindicate NPP’s economic legacy – Minority
7 hours -
I lied about having radio experience to get hired – KSM
7 hours