The Ghana Importers and Exporters Association (IEAG) is supporting the Ghana Union of Traders Association (GUTA) members’ decision to close their stores on Wednesday, October 19, 2022.
Since last week, the GUTA leadership has given notice of their intention to close their stores on Wednesday as a show of dissatisfaction with the government for failing to solve the early economic difficulties that have affected their companies.
IEAG in a statement said “with the rising cost of doing business, the poor performance of the Ghana cedi in the face of the dollar, and the new tax policy among others, the Importers and Exporters Association of Ghana believes the impending action by GUTA members which will be ably supported by Importers and Exporters across the country, will send a strong signal to the government to sit up and fix the economy.”
The Association said the Nana Akufo-Addo-led government has been given ample time to fix the country but has shown little seriousness in doing so “and we believe this action by GUTA and its stakeholders, will compel the government to do the needful.”
Last week, traders in Kumasi in the Ashanti region closed their shops for days to protest tax hikes.
They agreed to reopen their shops after a meeting with the regional minister where it was agreed that the Ghana Revenue Authority withdraw its staff assigned to shops to check taxes.