Government expresses disappointment in GUTA for closing down shops over broke economy

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traders lock up shops in Ghana to protest harsh economic climate

The decision by the members of the Ghana Union Traders Association (GUTA)  to close down their shops for six days has not gone down well with the government.

A Deputy Minister of Trade, Michael Okyere Baafi revealed that after the threats issued by GUTA, the government started engaging them and did not expect the association to still carry out its protest.

According to the Minister, he was surprised that despite several engagements and assurances from GUTA the members still went ahead to close down their shops.

GUTA is protesting against the harsh economic climate in the country which has dwindled businesses’ growth. An ever depreciating Cedi and skyrocketing inflation have but brought many businesses to their knees.

Already, GUTA had cried out several times over the lack of urgency from the government to address the economic situation.

But the Minister once again assured that the government is working to address their concerns amid the several issues the government has to tackle.

 “There are a lot of things that need to be done, government business that needs to be prosecuted, so we cannot just sit down and decide that all efforts must be put in their situation”.

GUTA on the other hand despite losing out economically on the day insist that will not stop them from calling on the government to address their issues.

The First Vice Chair of GUTA, Mr Clement Boateng justified their stance by revealing that GUTA is applying the “lose something to gain something” principle.

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