Restricting importations would protect the economy says CIMG
The Chartered Institute of Marketing –Ghana (CIMG) has petitioned government to reduce the rate at which certain products are imported to protect local companies.
The President of the institute, Kojo Mattah highlighted government’s responsibility in creating an enabling environment for local industries to grow.
“I think we have over liberalized, but then again, we must look at the situation and come out with the best regulation. We must protect our local producers and it is important to make us competitive,” he said.
Mr. Mattah suggested that government implement policies that would help sustain the growth of local companies and protect their interest.
“I don’t think it will breach the international trade rules. We are not saying we should prevent other goods from coming into the country. We are calling for the protection of our local producers,” he stressed.
Addressing the institute’s performance for 2016, he said there was a rise in income from GHS117,830 in 2015 to GHS190, 570 in 2016.
He was also delighted about the institute increased membership from 1260 in 2016 as against 1195 in 2015.