Ghana's Vice President promises fixed exchange rates and flat duty for pharmaceutical importers to improve port competitiveness.
Ghana's Vice President, Dr. Mahamudu Bawumia, has promised to introduce fixed exchange rates for pharmaceutical importers and change the duty structure to a more flat specific duty, removing the exchange rate from the equation, in an effort to boost the business-friendliness of Ghana's ports and prevent port traffic loss to neighboring countries. The Vice President emphasized the importance of cultivating a competitive edge for businesses, including the pharmaceutical industry, to foster economic growth.
April 05, 2024
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