Government has announced the revision of the benchmark policy introduced on imports.
Presenting the 2022 budget statement on the floor of parliament on Wednesday, Finance Minister, Ken Ofori-Atta said “After two and a half years of operation, the temporary benchmark (discount) policy on imports introduced as a stop-gap measure has been reviewed to make it more efficient and better targeted. “
According to him, it is consistent with government policy to promote local industry and improve foreign exchange earnings.
“We are committed to a program of turning our enterprising traders into manufacturers of widgets, tools and other machinery necessary as inputs for our industrial growth.” he added