By Dennis Peprah
Sunyani, (Bono), Nov. 9, GNA-Mr Seth Twum Akwaboah, the Chief Executive Officer of the Association of Ghana Industries (AGI) says the association anticipates heavy investment into the government’s touted 24-hour economy policy.
He said the AGI remained hopeful that the 2027 Budget Statement would put much emphasis on industrial development.
Dr Cassiel Ato Forson, the Minister of Finance, is expected to present the 2027 Budget Statement and Economic Policy to Parliament on Thursday November 12, 2026.
In an interview with the Ghana News Agency (GNA) on the AGI’s expectation from the budget, Mr Akwaboah said the association remained ready to bring its expertise to support the smooth implementation of the government policies and programmes.
He said intervention like the 24-hour economy and the 24-hour market projects as well as “Big Push” Road infrastructure programme were laudable programmes, saying that they remained committed to ensuring that the nation derived the optimum benefit from those programmes.
Mr Akwaboah said that for the 24-hour economy to work, industries ought to easily access medium-term development funding to expand and produce in larger volumes, reduce cost of production and thereby become more competitive and to capture local market share.
He said that would enable the country to reduce imports, as local industries produced more and create more job opportunities for the people.
“The budget must also highlight the measures the government is putting in place to protect local industries from unfair trading practices,” Mr Akwaboah added.
Mr Akwaboah also expressed concern about high electricity tariffs, worrying that the bulk companies had suffered the challenge, with their electricity tariffs going up by more than 40 percent.
“So, we expect that the budget will highlight measures to address high electricity tariffs confronting the bulk companies,” he added.
GNA
Edited by Benjamin Mensah
Reporter: Dennis Peprah
Email address: [email protected]