GUTA cautions of ‘intense protests' if benchmark value policy is reversed – Citi Business News
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GUTA cautions of ‘intense protests' if benchmark value policy is reversed – Citi Business News


Summary short_text

The Ghana Union of Traders Associations is warning of intense protests if the government goes ahead with plans to reverse the benchmark value reduction policy.

In a press release cited by Citi Business News, GUTA noted that there may be unrest in the country if the reversal of the policy takes effect.

According to GUTA, its member associations numbering about 68, in conjunction with other relevant stakeholder groups in the private sector, including the Food and Beverages Association of Ghana, Importers and Exporters Association of Ghana, Pharmaceutical Importers and Wholesalers Association, Ghana Institute of Freight Forwarders among others, have met and unanimously resolved to vehemently kick against the reversal of the 50% and 30% benchmark value reduction policy presented to Parliament by the Finance Minister.


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