Mr Kobina Tahir Hammond, the Minister of Trade and Industry, has implored members of the Chamber of Commerce and Industry and other business owners to reduce their prices and help make life a little bearable for the consumer. He said this was for the sake of their corporate social responsibility to their consumers and the country. The President said this would help to reduce inflation given the contribution of food prices to inflation in the country, without employing further monetary tightening. He said the government must cut down drastically on the budget deficit to avoid competing with the private sector for funds. The President said the Chamber expected the government to use the impending budget to initiate policies that would stimulate private sector growth.

Source: GhanaWeb November 01, 2023 15:24 UTC