The government is scheduled to present a Constitutional Instrument (C.I) to Parliament on November 21, aiming to impose restrictions on the importation of certain strategic products into the country.
Among the items to be affected, totaling over 20, are rice, tripe (commonly referred to as “yemuadie” in Ghana), and diapers.
According to the government, this initiative is part of a broader strategy to boost local production. Import restrictions on specific products can be employed as a policy tool to encourage domestic industries, reduce reliance on foreign goods, and stimulate economic growth.
Speaking during a press briefing in Parliament, the Minister of Trade and Industry, K.T. Hammond said, “Stomach of animals, bladder and the chunk of intestines (yemuadie), the country had had to put in an amount of about $164 million towards the importation of these items. We are taking steps to ensure that in terms of rice, there’s no poverty of rice in the country.”
The Trade Minister also announced the introduction of the Ghana Standards Authority Regulations 2023, which also seeks to streamline the manufacturing of cement to ensure competitive pricing.