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Home Featured

GH¢6.87Bn Spent On Import Rice In 4 Years

by John Kekeli
December 17, 2021
in Featured, News
0
World Bank Announces $93Bn Package For Low-income Countries

Mr Alan Kyerematen, Minister for Trade and Industry

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Ghana spent a total amount of GH¢6.874 billion on the importation of rice from 2017 to 2020, an alarming figure that needs reversal.

A part from this, the country also imported a number of food products within same period at approximately the same amount.

They include Fish- GH¢3.993 billion, Chicken (processed) GH¢1.881 billion, Meat – GH¢487 million, Vegetables GH¢281 and Poultry GH¢184 million.

Minister for Trade and Industry Mr Alan Kwadwo Kyerematen released the figures when he appeared before Parliament on Wednesday when he responded to a question by Mr Murtala Muhammed Ibrahim, Member of Parliament (MP) for Tamale Central on how much the state spent on the importation of rice and other foodstuffs into the country in the past four years.

Mr Kyerematen also acknowledged from the figures provided that the country was spending close to US$1 billion on the importation of food items.

Responding to a question whether the government has lifted a ban on small rice importers, Mr Kyerematen stated that rice was a staple food in the country and one had to maintain a delicate balance between the quantity of rice produced locally at any point in time and what was important to ensure that there were no serious shortages.

He said the Ministry of Trade and Industry, and the Ministry of Food and Agriculture continue to monitor the production of rice.

Mr Kyerematen indicated that at the appropriate time when the volumes of local rice increase significantly the government would be able to restrict the importation of rice.

He also maintained that the government has not lifted any ban imposed on the small rice importers but the Ministry has a management policy to ensure that there were no shortages in the system.

Mr Kyerematen said as and when there is significant local rice production in the country, the Ministry would be able to determine at that point what decision to take in respect of the ban.

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