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Ghana urgently needs a Pricing Regulatory Authority to stabilise the Economy

Ghana finds itself in a troubling economic cycle—where prices of goods and services continue to rise, often without justification or regulatory oversight. While global and local economic dynamics do play a role, the absence of a strong, specialised national pricing regulatory mechanism allows unchecked price escalation that hurts the consumer, especially the vulnerable. The time has come for Ghana to establish a Pricing Regulatory Commission or Authority, a body dedicated solely to monitoring, evaluating, and setting fair price thresholds for essential goods and services. This institution will be different from, and operate independently of, existing consumer protection structures. It will serve as a stabilising force in the economy and help restore confidence in market fairness.


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