K.T Hammond to present Export and Import Regulations 2023 to Parliament today
![](https://cdn.classfmonline.com/cfoZ41e/imagelib/thumbs/61352078.jpg)
The Minister of Trade and Industry, K.T Hammond, is scheduled to present the Export and Import Regulations 2023 to Parliament today, Thursday, 30 November 2023.
The legislative instrument (LI) aims to impose restrictions on the importation of 22 selected strategic products, including sugar, rice, poultry, and tripe.
On Tuesday, 28 November 2023, Parliament deferred the laying of the policy document for the third time, providing an opportunity for the Sector Minister to engage with the Minority caucus regarding amendments made to the legislative instrument.
This delay was seen as a measure to address concerns and garner support for the proposed regulations.
The Finance Minister, Ken Ofori-Atta, has urged Parliament to back the laying of the LI, emphasising its importance in supporting the government's efforts to control the country's import drive.
The proposed restrictions aim to manage and regulate the importation of specific goods, contributing to economic stability and domestic production.
Source: classfmonline.com
Trending Business
Gov’t will put TOR to work again in 90 days-Krapa
03:26Full text: 2024 Mid-Year Fiscal Policy Review
18:31Road tolls coming back in 2025
18:11Ghana's debt reaches GH¢742 billion, accounting for 70.6% of GDP
17:34LPG marketers deny blocking rollout of CRM
06:29Finance Minister to present 2024 mid-year budget review today
10:13Newmont appoints first Ghanaian MD for Africa
10:57GPHA refutes ex-casual workers’ claims; warns against planned demo
05:40Ghana increases export of petroleum products to neighbouring countries
09:26Akufo-Addo calls for urgent action against illicit financial flows in Africa
05:46