Home News Burkina Faso Government Introduces Import Quotas to Boost Local Production
News

Burkina Faso Government Introduces Import Quotas to Boost Local Production

198
Burkina Faso Destabilise Government
source: X

The Burkina Faso government has introduced new import quotas to prioritise and protect local industries. This decision, announced after the weekly Council of Ministers meeting, aims to strengthen the country’s self-reliance in production.

The decree limits the importation of products already being manufactured or produced in Burkina Faso. According to Serge Poda, the Minister of Industry, Trade, and Handicrafts, this move aligns with President Ibrahim Traoré’s vision of boosting national production and encouraging the processing of local raw materials.

“Through the adoption of this decree, which establishes quotas for imported products that are also manufactured nationally, it is a question of establishing a framework of significant support for national production through the establishment of outlets for products manufactured nationally,” Poda said.

The government believes these quotas will help local businesses thrive by reducing competition from imported goods, thereby fostering the growth of domestic industries.

Read More:

About The Author

Related Articles

FOIA: CIA Confirms Nigeria’s Sitting President Tinubu as its Active Asset
NewsPolitics

FOIA: CIA Confirms Nigeria’s Sitting President Tinubu as its Active Asset

The Central Intelligence Agency, CIA, on Monday confirmed that Nigeria’s sitting President,...

Abia Otti Drugs Youths
EducationNews

Abia Govt Declares Education Free and Compulsory, To Prosecute Parents, Guardians of Out-of-School Children

The Abia State government has introduced free and compulsory education for all...

News

Anas Aremeyaw Anas Excellence Award Held At UDS

Bawah Abdul-Mugis, a Communications graduate from the Faculty of Communications and Media...

Sahel Crops 2023-2024 Season
FoodNews

Sahel Region Produces Over 6,000 Tonnes Crops in 2023-2024 Dry Season Despite Security Challenges

Despite ongoing security challenges, the Sahel region produced 6,640.5 tonnes of crops...