Government's new trade policy is to enhance and create a conducive environment for private sector growth, Mr Kwaku Agyeman-Manu, Deputy Minister of Trade, Industry, Private Sector Development and PSI has said in Takoradi.
He pledged the commitment of the ministry to develop a vibrant, technology driven industrial sector to assist employment creation for rural communities and vulnerable groups.
Mr Agyeman-Manu was addressing a forum on inputs from stakeholders for the 2008 budget.
The forum was also to deepen dialogue between stakeholders involved in major government decisions and find solutions to challenges that inhibit effective performance of trade and industry.
Mr Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning in an address read on his behalf said preparations for the 2008 budget had begun and would be submitted to Parliament by November.
He said the budget would focus on energy, roads, water and the housing sector through financial discipline.
Mr Baah-Wiredu said macro economic performance over the last six years had improved and appealed to Ghanaians to honour their tax obligations to enable government generate more funds for infrastructural development.
Other issues to be considered in the budget are import duties on inputs for the manufacturing sector, vegetable oil processing, administration of import tariff and Value Added Tax (VAT).
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Ken Ashigbey, Joyce Aryee and others grace MTN’s Festival of 9 Lessons and Carols
5 hours -
Obuasi Cricket Academy celebrates excellence at end-of-year awards night
5 hours -
WASSCE: Scanning of objective answer sheets to start tonight – WAEC
5 hours -
Education Minister hasn’t prioritised WAEC – Nortsu-Kotoe
6 hours -
Bawumia meets Manifesto Committee members to express appreciation
6 hours -
To chocolate, Ghana’s pride by Bioko
7 hours -
Chartered Institute of Bankers, Ghana, confers Honorary Fellow status on Victor Yaw Asante
7 hours -
BoG marks end of year with Thanksgiving Service
7 hours -
Ghana’s Next Sports Minister: The Debate Begins
7 hours -
Election 2024: NPP advised to be mindful of the reasons being ascribed to their election lost
8 hours -
GNFS urges Ghanaians to prevent fires during yuletide
8 hours -
Report tobacco users who smoke publicly – FDA advises
8 hours -
Abdallah Ali-Nakyea elevated to Associate Professor at UG School of Law
9 hours -
Kick2build commissions 5 libraries in Klo Agogo, donates school supplies
9 hours -
Slim and Fit Ghana donates to kids at Motherly Love Orphanage in Kwabenya
9 hours