Business News of Saturday, 16 March 2019Source: Graphic.com.ghOverdependence on imports must stop - Finance MinisterKen Ofori-Atta, Minister of FinanceThe Minister of Finance, Mr Ken Ofori-Atta, has said the government will make changes in charges and fees at the ports to make them more business friendly and enhance their competitiveness in West Africa. The review, Mr Ofori-Atta said, was expected to help promote exports and drive down the importation of foreign goods. The finance minister, who was speaking to the Daily Graphic after the 2019 Breakfast Meeting on the governance of state-owned enterprises (SOEs) in Accra yesterday, said the country’s overdependence on imports was a disincentive for the growth of the economy. In spite of the low performance of the Ghana cedi against all the major currencies, Mr Ofori-Atta said the economic fundamentals remained strong. Consequently, Mr Ofori-Atta said the government was putting in place measures to ensure that the country reversed its dependence on imports and focused on the export market.

Source: GhanaWeb March 16, 2019 10:18 UTC