Parents and students will in the coming days enjoy some pricing relief on text books and exercise books, according to the Association of Paper Printers and Converters.
This comes in the wake of the reduction in taxes as announced in the 2017 budget by Finance Minister Ken Ofori-Attah and the subsequent announcement by government that all text books will be printed locally.
The National Association of Paper Printers and Converters have over the years lamented the high cost of production due to taxes and their inability to sell more as a result of the influx of foreign books on the local market.
National President of the Association Appiah Berko says the removal of the 1 per cent levy will reflect in the reduction of prices of books on the market.
“In producing anything, the pricing is determined by the cost of production and input, and since this is likely to go down, then we will be able to make profit, reduce prices of the books and make a good turn around for our monies.”
He has admonished government to continue engaging local producers in order to make the industry competitive.
“It is always best to have a double assurance and we know that the government will not go bad on its word. We believe government should engage industry and make sure Ghana meets any international standards to become a book production hub for the sub-region.”
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