Story by: Hanna Elinam Atatsi/www.cmonline.com.gh
Mr. Osafo Marfo, The Senior Minister has called for a law to ban the exportation of raw materials from the country to other countries, emphasizing that, the country will continue to suffer if we keep exporting our raw materials.
The Association Of Ghana Industries(AGI)’s annual meeting was graced by Honourable Osafo Marfo where he revealed that, the country need to put in place the necessary measures to generate more from it’s natural resources.
Using Ghana and Cote D’Ivoire as very good examples, he said these two countries produce 60 percent Cocoa beans but earns $5 billion jointly while the chocolate chain industry earns $125 billion annually.
“This thing must stop and we must halt any attempt to export raw materials”. he stressed.
He also disclosed that, the was a need for AGI to partner with the government to find concrete solutions to the challenges that distress the country’s economic growth.
“With the cedi yielding to pressure from the major trading currencies within this second half and ensuring uncertainties, it is difficult to conclude that our expectations for the year has been met.” he explained.
He finally urge the government to hasten with his flagship policies implementation particularly that of the “One district One factory” (IDIF).