The Association of Ghana Industries (AGI) has urged the government to implement targeted policies to boost local manufacturing as part of its economic reset efforts.
AGI emphasized that the government’s flagship 24-Hour Economy initiative—set for full rollout—must incorporate strategic support for the manufacturing sector to drive long-term economic transformation.
Speaking after a high-level engagement with government officials at the Association’s 2025 National Council Retreat, AGI President Dr. Humphrey Ayim-Darke stressed the need for bold policy reforms to spur industrial growth.
The discussions, featuring Presidential Advisor on the Economy Seth Terkper, Presidential Advisor on the 24-Hour Economy Goosie Tanoh, and Ghana Revenue Authority Commissioner-General, focused on key interventions to strengthen local industries and enhance their competitiveness.
“Our areas of focus were the poultry value chain, the metal fabrication and metal works, pharmaceuticals including the vegetable oils and cosmetics industries. To the best of our abilities we believe that once government focuses on these and we develop the value chain the Association of Ghana will be very useful in resetting the economy with government as well as resetting manufacturing industries,” he said.
“In the context of our discussions, issues that were limiting against our operations i.e the forex, the taxes and other policy related reforms were tabled by the membership of the association,” he added.
For his part, the Chief Executive Officer of the Association, Seth Twum-Akwaboah, emphasized that assurances from the new administration to streamline tax administration must be fully implemented.
He added that: “One key issue that stood out was the tax arbitration system where if there are issues with taxes you don’t necessarily have to resort to court but you must go to the tax arbitration system which is a composition of both the private sector, institutions and individuals to deal with the issues.”
The 2025 AGI National Council Retreat which was under the theme: “Resuscitating Industries to Spur Growth: Fiscal Balance and Job Creation “ collated ideas from over twenty sectors for the National Economic Dialogue and the 2025 Budget.
Source: Citinewsroom