The country’s expected earnings from non-traditional exports (NTEs) are hinged on the ambitions and aspirations of personalities that head the Ghana Export Promotion Authority (GEPA), the GRAPHIC BUSINESS has observed.
This is partly due to the absence of a binding strategic plan for the NTE sub-sector, leaving heads of the authority to set targets for such exports on their own convictions and mostly not based on any scientific assumptions that derail quickly once leadership changes at the authority.
The paper has further observed that GEPA, which is mandated by law to facilitate the development and promotion of Ghana’s exports, has been
For instance, GEPA, underits present Chief Executive Officer (CEO),
Ironically, this new target represents 47
The new target is also a six
In the midst of this trend, however, the country’s NTEs over the past five years (2013 to 2017) has been growing at an annual average rate of 1.22
The NTEs proceeds have ranged between US$2.43 billion in 2013 and US$2.56 billion in 2017.
Response by CEO
When confronted with the issues regarding the NTE targets,
She told the paper after the 78th National Export Forum on October 17 in Accra that the present management of GEPA “believes that the US$5.3 billion target is more realistic and achievable.
Even to achieve the new target,
“It is not going to be a simple task but we have put interventions in place to meet the new target which consists of scaling up production of the NTE products such as cashew, mangoes, and vegetables,” she said.
Notable among the interventions, she said, were the introduction of a pilot mass spraying and distribution of grafted cashew seedlings to farmers in Wenchi in the Brong Ahafo Region.
The government will also spray about 70,000 acres annually and that was expected to increase yield by 30
GEPA has developed a 10-year development plan for cashew production, which includes value addition.
According to her, the authority had prepared and delivered 15 million suckers of pineapple and had also committed GHȼ4.2 million to the procurement of the suckers.
That was expected to increase revenues to an estimated US$13.1 million from pineapple production in a few years.
Again, she noted that the GEPA had undertaken extensive consultations with all metropolitan, municipal, and district assemblies throughout the country to identify at least one crop from each district which would be developed for exports.
2017 NTEs performance
Meanwhile, for the period of January to December 2017, earnings from NTEs amounted to US$2.6 billion in 2017, representing an increase of 3.81
The NTEs currently contributes 18.37
The performance in 2017 is largely due to