The Minority Caucus in Parliament has launched a scathing critique of the government's failure to act decisively in response to the United States' sudden imposition of a 10% tariff on Ghanaian exports.
The Caucus is warning that the country risks being blindsided in an unfolding trade war due to poor prioritization of the African Continental Free Trade Area (AfCFTA).
In a worded statement signed by Ranking Member on the Trade, Industry and Tourism Committee, Michael Okeyer Baafi, the Minority accused the NDC administration of "having no response to the current tariff slap." It said the Mahama administration ignored a ready-made strategy that could shield Ghana from external trade shocks. "We have not seen a clear policy direction on exports by the NDC government.
The government has played down the importance of AfCFTA in its budget and abandoned export-oriented strategies that were showing results under the NPP," the statement read.
