The leadership of the Ghana Union of Traders Association (GUTA), Association of Ghana Industries (AGI), and the Food and Beverage Association of Ghana (FABAG) are currently in a high-level closed-door meeting with the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare.
The discussions are focused on price regulation and other pressing concerns affecting businesses and consumers across the country.
The meeting comes at a time when the Ghanaian economy is showing signs of modest recovery, with the local currency appreciating slightly against major foreign currencies and inflation on a slow but steady decline.
However, these macroeconomic gains have yet to be reflected in the daily lives of citizens. Many traders and consumers continue to face high prices of goods and services, prompting calls for action from stakeholders across the commercial sector.
Today’s engagement is expected to examine practical solutions to ensure that the benefits of recent economic improvements are felt in the marketplace.
Key among the agenda items are the enforcement of fair pricing practices, the impact of import duties, and the need for supportive policies to ease the burden on local businesses.
The outcome of the meeting is expected to influence government strategies aimed at stabilising market prices and restoring consumer confidence.
A/R: Traders respond to GUTA’s call to reduce prices as cedi strengthens