16.2 C
London
Tuesday, May 20, 2025

Explore Guyanese market to boost local production – Ayariga to government

Leader of the All People’s Congress (APC), Hassan Ayariga play videoLeader of the All People’s Congress (APC), Hassan Ayariga

Leader of the All People’s Congress (APC), Hassan Ayariga, has urged Ghana to expand its trade horizons by exploring markets like Guyana while pushing for a bold shift toward local production and manufacturing.

Speaking in an exclusive interview with GhanaWeb Business, Ayariga questioned why Ghana has yet to tap into the Guyanese market, highlighting the broader need for the country to become a producing rather than a consuming economy.

He pointed out that everyday essentials, from electronic gadgets to clothing, are largely imported, emphasising the high cost of locally made goods, such as a Guyanese outfit, and questioning why such items remain unaffordable for many.

“There is a need for structural economic reforms to support local businesses, including lowering the cost of production, improving access to affordable credit, and creating a favorable environment for entrepreneurship,” he said.

“What about the Guyana market? Should we look at that? Of course,” Ayariga added, stressing that Ghana must rethink its heavy reliance on imports and begin harnessing its own economic potential.

“There are so many problems we need to solve. We need to have low costs of production, low costs of manufacturing, low interest rates, and available facilities for businesses to grow,” he continued.

Ayariga’s comments contribute to the growing calls for economic diversification, trade expansion, and self-reliance as Ghana seeks to build a more resilient and inclusive economy.

SP/MA

Watch the latest edition of BizTech below:

Click here to follow the GhanaWeb Business WhatsApp channel

Latest news
Related news