The Ghana Union of Traders Association (GUTA) has asked Dr Mohammed Amin, in coming Finance Minister, to prioritise implementing policies that will give respite to Ghanaians.
“What we’re expecting is that the change made by the President would necessitate a respite to the business community and the consuming public.” Dr Joseph Obeng, President GUTA said in an interview with the Ghana News Agency.
“For all these years, what we’ve been talking about is for the government to implement policies that would ensure that the cost of doing business in the country is reduced. So, the new Finance Minister should look it this,” he said.
Dr Obeng noted that Ghana’s current economic required intentional policies that would harmonise tax systems, reduce the cost of clearing goods at the port, and production.
Such policy measures, he said should be implemented alongside others that would cause a lower inflation rate, stable currency, and a lower lending rate.
“The government already has its policies; our main concern is how he (the new Finance Minister) drives the policy of state to have a meaningful impact on the people of Ghana,” Dr Obeng said.
He expressed optimism that doing so, would bring “a great sigh of relief to businesses and consumers, and the government will also stand to benefit from the taxes that people pay.”
The call has become necessary as macroeconomic gains form the implementation of a US$3 billion loan programme with the International Monetary Fund (IMF) is yet to reflect in the lives of Ghanaians.
Dr Mohammed Amin Adam, Minister of State at the Finance Ministry, has been nominated as the Finance Minister designate, replacing Mr Ken Ofori-Atta, who has served in that capacity since 2017.
Latest Stories
-
FIFA Club World Cup 2025: Sundowns, Esperance join Al Ahly and Wydad as CAF representatives
4 hours -
CAFCL: Al Ahly set up historic final with ES Tunis
4 hours -
We didn’t sneak out 10 BVDs; they were auctioned as obsolete equipment – EC
8 hours -
King Charles to resume public duties after progress in cancer treatment
8 hours -
Arda Guler scores on first start in La Liga as Madrid beat Real Sociedad
8 hours -
Fatawu Issahaku’s Leicester City secures Premier League promotion after Leeds defeat
9 hours -
Anticipation builds as Junior Speller hosts nationwide auditions
9 hours -
Etse Sikanku: The driver’s mate conundrum
10 hours -
IMF Deputy Chief worried large chunk of Eurobonds is used to service debt
10 hours -
Otumfuo Osei Tutu II celebrates 25 years of peaceful rule on golden stool
10 hours -
We have enough funds to pay accruing benefits; we’ve never missed pension payments since 1991 – SSNIT
10 hours -
Let’s embrace shared vision and propel National Banking College – First Deputy Governor
11 hours -
Liverpool agree compensation deal with Feyenoord for Slot
11 hours -
Ejisu by-election: There’s no evidence of NPP engaging in vote-buying – Ahiagbah
11 hours -
Ejisu by-election: Independent ex-NPP MP’s campaign team warns party against dubious tactics
12 hours