ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

Right quantities of products will be imported to prevent shortage and inflation – K.T Hammond

Tue, Nov 28 2023 2:58 AM
in Ghana General News, News
right quantities of products will be imported to prevent shortage and inflation k t hammond
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT
WhatsApp Image 2023 11 28 at 02.31.20

The Trade and Industry Minister, K.T. Hammond, has assured the populace that the proposed Legislative Instrument (LI) on Export and Import, specifically focusing on the restriction of selected strategic products, will not lead to a shortage of food in the country.

In an interview on JoyNews’ PM Express, Mr Hammond explained that the intention is not to completely ban the importation of products but rather implement some restrictions with a keen eye on maintaining equilibrium in the local food supply chain.

“We are not banning; we’re restricting, but it will be restricted to the extent that we don’t create famine in the country,” he said on Monday, November 27.

To ensure a comprehensive approach, a committee comprising representatives from the Food and Agriculture Ministry, the Finance Ministry, the Ghana Revenue Authority, and the Food and Drugs Authority will be responsible for overseeing the monitoring process.

Mr Hammond stressed the importance of collaboration between the ministries, particularly highlighting the close liaison between the Trade and Industry Ministry and the Food and Agriculture Ministry in the formulation of the LI.

According to him, should Parliament pass the proposed legislation, the Food and Agriculture Ministry will have the responsibility to provide updates on domestic food production and collaborate with the Trade Ministry to identify essential commodities that may need to be imported.

ReadAbout

Mahama deserves time on Kejetia Phase Two, Kumasi queen mothers tell traders

NHIA board pays courtesy call on Asantehene, launches free NHIS registration drive for “King’s Month”

Parliament’s Energy Committee commends NPA’s openness

[embedded content]

“The committee through the Agriculture Ministry will tell us that the deficit between production and consumption in the country is this much, so this product is important and must be brought in. We would allow the importation to supplement our local food production so that there is no shortage of food locally,” he explained.

The Minister reiterated the government’s commitment to preventing starvation and ensuring that the right quantity of essential products is allowed into the country.

He further explained that the goal is to strike a balance between supporting local production and maintaining an adequate supply of food.

“We would monitor as much as we can and make sure we balance the system because even though the government aims to preserve its foreign reserves, this vision will not be at the expense of people not being able to feed themselves,” he assured.

On Monday, Mr Hammond, laid before Parliament an improved version of the LI after it was blocked last week over the lack of quorum and consultation.

The LI will compel importers of 22 restricted items, including poultry, rice, sugar, diapers and animal intestines (Yemuadie) to seek licenses from a committee to be set up by the minister.

The Minority in Parliament has, on three occasions, resisted the laying of the LI on the ground that it was not only dangerous but violated international trade practices and could give too much power to the minister, a situation that has the propensity to breed corruption.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

Mahama deserves time on Kejetia Phase Two, Kumasi queen mothers tell traders

Mahama deserves time on Kejetia Phase Two, Kumasi queen mothers tell traders

1
NHIA board pays courtesy call on Asantehene, launches free NHIS registration drive for “King’s Month”

NHIA board pays courtesy call on Asantehene, launches free NHIS registration drive for “King’s Month”

0

Parliament’s Energy Committee commends NPA’s openness

Ghana reaffirms commitment to regional gas cooperation at WAGP ministerial meeting in Abuja

Accra Metropolitan University launches MSc programmes in Cybersecurity and Intelligence

Today’s Front pages: Thursday, April 23, 2026

Vaccines protect millions in Africa, but gaps still leave children behind

Gender Ministry supports domestic abuse survivor with livelihood package in Akim Oda

Ghana and Zambia deepen tech cooperation with courtesy call on IGP

Brekum Chelsea announce funeral date for late striker Dominic Frimpong

  • Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    0 shares
    Share 0 Tweet 0
  • Haruna Iddrisu urges review of salary disparities between doctors in academia and health service

    0 shares
    Share 0 Tweet 0
  • Heavily armed Burkinabè soldiers arrested in Ghana

    0 shares
    Share 0 Tweet 0
  • No justification for higher GAF entry age – Col. Festus Aboagye (Rtd.)

    0 shares
    Share 0 Tweet 0
  • East Airport land tensions escalate as residents reject “Attorn Tenancy” notices; court orders show no evictions pending

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.