Ghana Trade Sector Support Programme
Ghana’s aspiration is to become a middle-income country by 2015, with a per capita income of US$1000 per annum. This is an ambitious target and will require an increase in average annual growth rate of GDP from 5% to about 8%.
Attainment of such rapid growth rates requires structural transformation of the productive sectors of the economy. Ghana needs to move away from a heavy dependence on exports of a limited number of primary commodities to create competitive advantage on a more diversified range of products with higher levels of value-addition. In international trade, competitive advantage is increasingly less a function of cost or price and more a function of quality, design and logistics management, leading to timely sales and after sales service. For this reason it is imperative that both the private sector and supporting public sector institutions understand and are able to respond to the demands and requirements of the marketplace. This necessitates policy interventions geared towards complementing rather than supplanting the market, as elaborated in the Ghana Trade Policy.
The Trade Sector Support Programme (TSSP) is designed to systematically implement the Ghana Trade Policy and deliver rapid and strategic expansion of Ghana’s productive base. It is informed by practical experience of rapid economic change in other countries, which has been tailored to Ghana’s context. The TSSP takes a new approach to international trade capacity building in that it is centred on strengthening local capacity both in the public and private sectors to deliver long-term sustained change.