The Traders Advocacy Group of Ghana (TAGG), has ‘blamed’ government for price increases of goods in the country.
According to the Group, government, instead of identifying the issues that are accounting for the price increases on various goods in the country and implementing measures to deal with them, government is rather shifting and apportioning blame to either traders or importers in the country.
In a press release sighted by norvanreports, TAGG posits that government is not doing enough in terms of implementing the right policies to encourage trade facilitation in country which is seems to be the root cause of price increases in the country.
The incessant increase in prices of goods can be attributed to the hike in freight rates of imports made into the country.
At the moment, freight rate for an imported 40 footer container for instance is between $12,000 and $20,000.
In addition to this, government through the Ghana Revenue Authority (GRA), have also increased duty charges on imported goods with the GRA charging $5,000 and $8,000 as import duty on a 40 footer container and refrigerated container respectively.
Find below details of the press release:
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