The Minister for Finance, Dr. Cassiel Ato Forson, has announced that the government will soon implement a new policy requiring all public sector agencies to procure specific essential goods exclusively from local producers.
This initiative is part of broader efforts to strengthen Ghana’s industrial base, reduce import dependency, and stimulate job creation.
The announcement was made during a strategic meeting with the leadership of the Association of Ghana Industries (AGI).
Dr. Forson expressed dismay over Ghana’s continued reliance on imports for basic commodities such as sugar and rice, despite the country’s capacity to produce them locally.
He stressed that the new directive aims to channel public sector procurement towards empowering domestic manufacturers.
“To support our local industries, the government will soon publish a list of items that all public sector agencies must procure locally,” he stated. “Any government procurement from outside Ghana will require special approval from the Office of the President.”
In addition to the local procurement policy, the Finance Minister warned of the severe threat posed by the smuggling of goods into the country.
He disclosed that the government has identified key smuggling routes and will soon introduce tough enforcement measures to clamp down on this practice, which continues to undermine local industries.
“Smuggled goods are crippling our local businesses, and we are determined to stop it,” he said.
Dr. Forson also called for closer collaboration between the government and private sector actors, inviting industry leaders to a working session to explore how local businesses can effectively engage with the government’s 24-hour economy programme.
He emphasized that robust partnerships will be key to sustaining long-term growth and enhancing local production capacity.
AGI President Dr. Humphrey Ayim-Darke welcomed the move and commended the government’s renewed commitment to industrial development.
He expressed optimism that consistent dialogue and cooperation between the government and the private sector would lead to lasting improvements.
The upcoming policy on local procurement, he noted, has the potential to significantly boost the competitiveness of Ghanaian manufacturers while ensuring public spending directly benefits the national economy.
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