The current dollar rate of GH¢13 at the port has significantly eased financial stress for importers and exporters, according to Samson Asaki Awingobit, Executive Secretary of the Importers and Exporters Association of Ghana.
Speaking at a press briefing, Awingobit said the rate has led to a dramatic reduction in prices on the Ghanaian market, benefiting consumers.
He urged members of the association to adhere to the prevailing rate and avoid exploiting Ghanaians, especially during the festive season.
Awingobit also lauded the government for scrapping the E-Levy and COVID-19 levy, saying it has boosted profitability for importers and exporters.
He emphasized that the economic development coupled with reforms impacting trade, revenue mobilization and financial stability has justified the confidence stakeholders place in Ghana’s policy direction and trade framework.
“It is clear to state that the improving business environment under the current administration has driven new life into commerce in the first year, and that’s true. A lot of you can see that there’s no noise in town, everywhere,” he noted.
Report by Bernard K Dadzie Greater Accra Region
