The Minister for Finance, Dr. Cassiel Ato Forson, has outlined a bold new government initiative aimed at strengthening Ghana’s industrial base by mandating the purchase of certain essential goods exclusively from local producers.
Speaking during a strategic meeting with the leadership of the Association of Ghana Industries (AGI), Dr. Forson voiced concern over the country’s continued dependence on imports for basic commodities such as sugar and rice—items he believes can and should be produced locally.
“To support our local industries, the government will soon publish a list of items that all public sector agencies must procure locally. This will ensure that government procurement serves as a tool to develop our industries,” he said. He further emphasized, “Going forward, any government procurement from outside Ghana will require special approval from the Office of the President.”
The Finance Minister also addressed the harmful effects of smuggling on the local economy, revealing that authorities have mapped out key smuggling routes. He said the government would soon roll out tougher enforcement measures to prevent the entry of illicit goods that undercut the competitiveness of Ghanaian manufacturers.
As part of a broader plan to energize the local economy, Dr. Forson proposed a working session between the government and industry players to identify how local businesses can integrate into the 24-hour economy programme—a flagship initiative aimed at boosting productivity and job creation.
