Government to limit forex for importation of certain goods

The government will in the coming days limit the availability of forex for the import of some goods into the country, the Minister of Information, Kojo Oppong Nkrumah has said.

The move forms part of an initiative by the government to limit the importation of goods that can be produced locally.

Speaking in an interview with Kwaku Nhyira-Addo on the Asaase Breakfast Show on Tuesday (1 November), Opong Nkrumah said,” We want to limit the importation of a number of things; rice, poultry, fruit juices, vegetable oil, because we produce all of them here in Ghana.”

“… We want to gradually fade these things out by reducing the availability of forex for those imports while supporting local production and in about six months, we can do a full review and if it becomes necessary to do an outright ban having improved local production then you can get into that area.”

Asaase Radio