Audio By Carbonatix
The Foundation for Grass Roots Initiatives in Africa (GRASSROOTSAFRICA) and representatives of civil society organisations in Bolgatanga have appealed to the government to impose import tariffs on goods that can be produced in the country.
They asked that prices for locally produced goods be stabilized and credit facilities made accessible and affordable to local investors.
These were contained in a communiqué after a one day training workshop on the 'International Financial Institutions (IFIs) and their impact on livelihoods in Ghana', organized by GRASSROOTSAFRICA, an NGO that works to improve the lives of the poor and disadvantaged.
It appealed to the Government to make the provision of water to the three northern regions a policy priority and lift tariffs on the importation of water services equipment.
"The provisioning of water services should be the responsibility of the state and the management of water facilities and resources remain in the hands of the state", they said.
Participants expressed concern that trade liberalization policies rather had a negative impact on the people of northern Ghana and reduced agricultural productivity, thus causing perennial food shortages and malnutrition in the area.
It had also opened up the Ghanaian market to all sorts of imported goods that had negatively influenced the consumption pattern of the people.
Mr. Rudolf Amenga-Etego, Executive Director of Grass Roots Africa, said while there was a general agreement that trade could be a powerful tool for development, rapid trade liberalization did not on its own automatically lead to positive development outcomes.
He said countries should be able to choose the trade policy option that best suited their development needs.
"It is increasingly recognized that when countries apply trade liberalization before they have consolidated strong economies and institutions, de-industrialisation often ensues", he said.
Mr. Isaac Nsor Amoah, Bolgatanga Municipal Chief Executive, it was crucial for all Ghanaians to advocate for an improvement in the relationship between the country and IFIs in order that a more fruitful development regime would be established and maintained.
Source: GNA.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Deloitte Ghana empowers over 4,500 SHS students through annual ‘Volunteer Day’ programme
21 minutes -
2023 African Games: Auditor-General uncovers GH¢208m debt despite GH¢2.2bn expenditure
22 minutes -
AG backs Supreme Court case seeking to open party primaries to all members
25 minutes -
Cash Reserve Ratio amendment: BoG likely to mop over GH¢16.0bn, exchange rate pressure to ease – Report
32 minutes -
Tryton Motors and JAC Motors reach agreement to become official GFA vehicle partner
42 minutes -
It’s very tough to be a musician in Ghana; everything is a loss – Camidoh
58 minutes -
Ghana has technical capacity, but capital remains key constraint in mining sector – Dr Boateng
60 minutes -
Don’t accept financial terms blindly – Amma Gyampo advises consumers
1 hour -
Senegal president appoints economist as prime minister after political rift
1 hour -
Ghanaian participation in extractive sector must increase – Expert
2 hours -
Government must make industrialisation a condition in mining contracts — Ayi-Owoo
2 hours -
Inside Audit Report: Check the alleged inflated contracts in 2023 African Games
2 hours -
J.Derobie reunites with Gold Up Music on new dancehall release ‘Start Over’
2 hours -
Mawuli School PTA donates desks, water tanks to improve academic environment
2 hours -
Hybrid funding approach key to strengthening local mining participation — Mineral economist
2 hours