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Business News of Friday, 4 April 2025

    

Source: www.ghanawebbers.com

Govt to publish a list of items that all public sector agencies must procure locally

Dr. Cassiel Ato Forson Dr. Cassiel Ato Forson

Finance Minister Dr. Cassiel Ato Forson has announced a policy requiring all state agencies in Ghana to procure designated essential goods from local producers.

Speaking to the Association of Ghana Industries (AGI), he stressed the need for a strong industrial base, warning that imports will require presidential approval.

The government will release a list of mandatory local procurement items while intensifying anti-smuggling efforts to protect local businesses.

AGI President Dr. Humphrey Ayim-Darke welcomed the move, praising the administration’s commitment to economic growth.

The initiative aligns with the government’s 24-hour economy strategy to boost domestic production and job creation.