The International Monetary Fund (IMF) has been urged by the Importers and Exporters Association of Ghana (IEAG) to strictly enforce the bailout conditions, particularly the elimination of customs exemptions.
In an interview with the Ghana News Agency in Tema, Mr. Samson Asaki Awingobit, the Executive Secretary of the IEAG, stated that having such a conditionality aimed at stopping revenue leakages and increasing domestic production by lowering imports was insufficient.
“You and I know that we live in a country where the laws look good on paper, but the same people will pass the backdoor to enjoy such exemptions on goods that they are supposed to pay for,” Mr. Awingobit stated in reference to the country in which they are now enacted.
