Government to amend PPA Act to boost local manufacturing under 24-Hour economy policy

Business

Government to amend PPA Act to boost local manufacturing under 24-Hour economy policy

By DL News

Published

1 min read

Speaking at the 2025 Post-Budget Workshop in Parliament, Goosie Tanoh, Presidential Advisor on the 24-hour economy, introduced the "Go Ghana" initiative.

The government has announced plans to revise the Public Procurement Authority (PPA) Act to prioritize the purchase of locally manufactured goods, reinforcing its commitment to economic self-reliance under the 24-hour economy policy.

Speaking at the 2025 Post-Budget Workshop in Parliament, Goosie Tanoh, Presidential Advisor on the 24-hour economy, introduced the "Go Ghana" initiative—a national drive to support domestic industries and reduce import dependency. 

He emphasized that fostering a culture of consuming locally made products is crucial for sustaining industrial growth and strengthening Ghana’s economy.

“Go Ghana is a mobilisation effort that encourages every Ghanaian to support national development, whether through environmental initiatives or by prioritising made-in-Ghana goods,” Mr. Tanoh stated.

To institutionalize this initiative, the government plans to amend the PPA Act to guarantee market access for local manufacturers, ensuring a consistent demand for their products. Drawing lessons from the economic transformation of Asian nations, Mr. Tanoh underscored the importance of prioritizing homegrown industries to achieve long-term growth.

While the policy is designed to be private-sector-driven, the government is considering limited financial support, which will be reviewed in the mid-year budget assessment. This approach aims to create a sustainable and competitive local manufacturing sector.

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