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The Ghana Union of Traders Association (GUTA), has welcomed government’s decision to suspend the implementation of the benchmarks policy reversal directive to allow for broader consultations.

GUTA, which is a representative of Traders’ Associations in Ghana said many of its members are excited about the news.

President of GUTA, Dr Joseph Obeng said the livelihoods of its members largely depend on the policy, adding that government’s new position will go a long way to protect their sources of income.

“If you see the happiness that greeted this, it means that people’s livelihoods actually depends on the maintenance of this benchmark policy rather than the reversal so we thank government for listening to our pleas,” he said.