Profit

Foreign Companies Urged To Retain Profit To Sustain Current Cedi Performance

Foreign Companies Urged To Retain Profit To Sustain Current Cedi Performance

The Member of Parliament for Dormaa East, Paul Apraku Twum Barimah, has appealed to multinational companies in the country to retain their profit in the country to help sustain the recent performance of the cedi. Speaking in an interview with the media after the joint press conference between the Ministry of Finance and the visiting team from the International Monetary Fund(IMF), Mr. Twum Barimah said most of the multinational firms operating in the country are fond of remitting all their profits, a move that  deprives  the state of adequate funds to run the economy. “As we try to convince government…
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