Sampson Asaki Awingobit, the executive secretary of the Importers and Exporters Association of Ghana (IEAG), claims that as partners in ensuring the overall growth of the nation, the government must create space to hear their concerns and work with them to jointly find solutions.
He claimed that although the government had promised to do so, the fixed rate at the Port had yet to be implemented. He therefore suggested that its announcement of the introduction of the two-point-five VAT to be implemented this year be postponed until the stakeholders were engaged for a favorable agreement.
Mr. This was stated by Asaki Awingobit in an interview with Tema's GBC-Obonu News.
He stated that many companies, especially multinationals, may relocate if the government does not act quickly to address the growing issues facing the business community.
He expressed concern about the low purchasing power of Ghanaians and blamed it on the extremely difficult economic situation.
"Many are calling for a strike, but they believe that if the government steps in immediately, it will help the entire population greatly.