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Implement targeted policies to boost local manufacturing – AGI to gov’t

February 24, 2025
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The Association of Ghana Industries (AGI) has asked President John Dramani Mahama’s administration to implement targeted policies to boost local manufacturing as part of its economic reset efforts.

AGI President Dr. Humphrey Ayim-Darke believes the 24-hour economy promised by this government incorporates strategic support for the manufacturing sector to drive long-term economic transformation.

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Speaking after a high-level engagement with government officials at the Association’s 2025 National Council Retreat, Mr. Ayim-Darke said, “Our areas of focus were the poultry value chain, the metal fabrication and metal works, and pharmaceuticals, including the vegetable oils and cosmetics industries. To the best of our abilities, we believe that once the government focuses on these and we develop the value chain, the Association of Ghana will be very useful in resetting the economy with the government as well as resetting manufacturing industries,” he said. Eco-friendly travel packages

“In the context of our discussions, issues that were limiting against our operations i.e the forex, the taxes and other policy related reforms were tabled by the membership of the association,” he added.

The Chief Executive Officer of the Association, Seth Twum-Akwaboah, underscores the need for the government to streamline tax administration, which must be fully implemented.

“One key issue that stood out was the tax arbitration system where if there are issues with taxes you don’t necessarily have to resort to court but you must go to the tax arbitration system which is a composition of both the private sector, institutions and individuals to deal with the issues.”

The 2025 AGI National Council Retreat was under the theme: “Resuscitating Industries to Spur Growth: Fiscal Balance and Job Creation.“

It offered participants an opportunity to share ideas for the National Economic Dialogue and the 2025 Budget.

Other speakers who participated at the event were Presidential Advisor on the Economy Seth Terkper, Presidential Advisor on the 24-Hour Economy Goosie Tanoh, and Ghana Revenue Authority Commissioner-General.

By: Rainbowradioonline.com/Ghana

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