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Business News of Saturday, 5 April 2025

    

Source: www.ghanawebbers.com

ISSER urges shift from raw exports as US slaps tariffs on Ghanaian goods

**ISSER Calls for Change in Ghana's Export Strategy**

The Institute for Statistical, Social and Economic Research (ISSER) has made a recommendation. They urge Ghana to shift from exporting raw materials. This comes after the United States imposed tariffs on some Ghanaian goods.

The new tariffs could impact Ghana's economy significantly. ISSER believes that focusing on processed goods will help. This strategy could reduce reliance on raw exports.

Ghana's current export model is vulnerable to external shocks. The US tariffs highlight this vulnerability clearly. ISSER suggests that processing local products can create jobs and increase revenue.

By adding value to exports, Ghana can strengthen its economy. This approach may also enhance trade relationships with other countries. Overall, ISSER emphasizes the need for a strategic shift in exports.