24-hour economy must be anchored on manufacturing - Labour expert to government
Secretary General of the Ghana Federation of Labour, Abraham Koomson
The Secretary General of the Ghana Federation of Labour (GFL), Abraham Koomson, has said government’s 24-hour economy should be centered on manufacturing.
According to him, anchoring this economic transformation agenda on the manufacturing sector will lead to its expansion and growth.
Speaking on Ahotor FM’s Yepe Ahunu show, Abraham Koomson stated that this approach will create numerous jobs and help the local currency appreciate against major trading currencies, as reliance on imports will be drastically reduced.
“The 24-Hour Economy must be anchored on manufacturing. Government must focus on creating a conducive environment where manufacturing industries can grow and expand,” he asserted.
However, Koomson cited smuggling and the influx of counterfeit textile designs as key challenges affecting the sector.
“Smuggling and the importation of fake versions of locally designed textiles are collapsing our textile industries. These imitations are sold cheaply, flooding the market and undercutting our local producers,” he lamented.
The labour expert urged the government to urgently step in to protect and support the manufacturing sector, ensuring its sustainability and competitiveness.
SA
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