Ghana's Abossey Okai Spare Parts Dealers Association supports NDC's fixed rate import proposal, aimed at stabilizing the cedi and benefiting the automotive industry.

Ghana's Abossey Okai Spare Parts Dealers Association backs NDC's fixed rate import proposal, led by former President Mahama. The policy aims to stabilize the cedi, reduce inflation, and create a more business-friendly environment by introducing fixed rates on imports. This would help the automotive industry, particularly the spare parts sector, which has been negatively impacted by the Ghanaian cedi's volatility against major currencies.

August 26, 2024
34 Articles

Further Reading