2023-04-17 05:26:57
Rasamimanana Tiana took over the new administration of the Malagasy industry union starting on Friday. These foreign products can be produced locally. “We have all the raw materials, both in agriculture and livestock, in mining and marine resources,” he explained. It is sad, he said, that the GDP is 15%, because we export raw materials and then buy them again at a higher price. Therefore, the industry union (SIM) appeals to the government to look into the situation. The private sector needs help. There is a shared vision with the government and it can be realized because we both want to develop the country. “Everybody benefits when the country moves forward. The GDP can be increased by 50 or 60% when the common vision is the same,” continued this director of Sim. He continued that one of the losses for us is the export of raw materials. How to protect the industry in Madagascar should be considered. The duties and taxes paid by Malagasy goods should be adjusted.
Henintsoa H.
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