2023-11-13 08:16:06
SOn consuming local, the Prime Minister made a statement during the raising of the colors of his department last week. It suggests new measures to support local cotton and spinning production, through the establishment of taxes on the importation of foreign fabrics. Thus, the PM announced at least 65 billion FCFA in public purchases dedicated to local products this year. It thus remains in line with previous governments, which invested a total of 425 billion between 2017 and 2020, in accordance with Circular No. 2017-002/PM/SG/DGEF of January 13, 2017, relating to the consumption of local products by structures public, and Order No. 2017-002/PM/CAB/ of January 31, 2017, relating to the purchase of local food products by state structures.
By evoking new taxes on the importation of fabrics and why not second-hand clothes, the government thus confirms its desire to protect and support local players, in order to consolidate, initially, the industrial fabric in order to later hope to be competitive . It is a delicate operation but not impossible. It will be a matter of finding the necessary arguments to circumvent community and even international trade regulations.
Par Abdoulaye TAO
The article Editorial: let’s go! appeared first on Journal L’Economiste du Faso.
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