Trade Minister Set to Lay Import Restriction L.I. on Thursday, Despite Opposition

Accra, Ghana – The Trade Minister, KT Hammond, is poised to lay the government’s Legislative Instrument (L.I.) aimed at restricting the importation of selected products on Thursday, as confirmed by the Speaker of Parliament.

This development comes despite opposition from the Minority, who argue that the L.I. is detrimental to the interests of Ghanaians and businesses, and could potentially foster corruption.

The Speaker, however, made it clear that according to the constitution, if the L.I. passes the constitutional test, its laying cannot be obstructed by anyone.

As a result, the Speaker has instructed KT Hammond to meet with the Subsidiary Legislation Committee once again to ensure all necessary details are addressed, enabling the instrument to be laid on Thursday.

The proposed import restriction covers a total of 22 items, including rice, poultry, fruit juices, motor cars, cement, and canned tomatoes. The government aims to curtail the influx of these products into the country, promoting local production and supporting domestic industries.

The Minority’s concerns over the L.I. stem from their belief that it will have adverse effects on the general population and business community. They argue that it could lead to corruption and hinder the overall welfare of Ghanaians.

The laying of the L.I. on Thursday will mark a significant step in the government’s efforts to regulate imports and prioritize local production.

The Trade Minister and the Subsidiary Legislation Committee will continue their work to ensure that all necessary measures are taken to enact the import restriction effectively.

As the debate surrounding the L.I. continues, stakeholders and the public alike are closely watching the developments, as the outcome will have far-reaching implications for the economy and trade in Ghana.