Friday, 14 November

Importers and Exporters Association describes 2026 budget as an “Ahotɔ Budget”

Politics
Samson Asaki Awingobit

Executive Secretary of the Importers and Exporters Association of Ghana (IEAG), Samson Asaki Awingobit, has described the 2026 National Budget as an “Ahotɔ Budget,” suggesting that the government’s policy proposals offer some level of relief to players in the trading sector.

 Speaking during a media engagement, Mr. Awingobit said the budget, as presented by the Finance Minister, appears to address several long-standing concerns within the import and export community, particularly issues relating to port charges, trade facilitation, and the cost of doing business.

 According to him, although the Association is still analysing the document in detail, the initial outlook shows promise for businesses that have been burdened by high taxes, delays at the ports, and general economic pressures in recent years.

 “We, the importers and exporters, see the 2026 Budget as an ‘Ahotɔ Budget’ to wit relief. We believe some of the measures outlined can bring some relief if the government follows through with proper implementation,” he said.

 He emphasised that the Association welcomes any policy direction that reduces bottlenecks at the ports, lowers operational costs, and supports Ghana’s competitiveness in regional and global trade. However, he also urged the government to avoid introducing hidden taxes or administrative procedures that could undermine the anticipated relief.

 Mr. Awingobit further called for sustained stakeholder engagement as the budget moves into the implementation phase, noting that collaboration with industry players is essential if the government hopes to achieve its revenue and trade targets.

 

Source: Classfmonline.com/Rebecca Abhena Kekeli Nyame