Pharmacies Seek Tax Relief for 24-Hour Economy

    Pharmaceutical Society of Ghana supports the 24-Hour Economy initiative, requesting security improvements and tax waivers for pharmacies to operate extended hours.

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    Pharmacies Seek Tax Relief for 24-Hour Economy

    The Pharmaceutical Society of Ghana (PSGH) has fully supported the government’s 24-Hour Economy initiative and its related market project. The Society confirmed that providing adequate security, tax relief, and guaranteed market access will enable pharmacies to operate around the clock. This will boost business growth and promote better health outcomes for Ghanaians.

    President of the PSGH, Dr. Paul Owusu Donkor, announced this at the 2nd Quarter Meeting of the Ashanti Regional branch of PSGH. The meeting focused on "Securing Pharmacies for the 24-Hour Economy and Free Primary Healthcare Framework." Dr. Donkor emphasized that extended pharmacy hours will improve access to essential medicines. This is especially important for emergencies and for shift workers who need services outside typical hours. He noted that a 24-hour operation aligns with the government's agenda and will contribute to a healthier population.

    The 24-Hour Economy initiative is a key plank of the government’s economic strategy, aiming to increase productivity and create jobs across various sectors. This policy reflects a broader national effort to stimulate economic activity and improve public access to essential services. Previous discussions around the 24-Hour Economy have focused on its potential to transform trade and industry, but sector-specific details like those from the PSGH highlight its wide-ranging implications.

    Dr. Owusu Donkor highlighted several benefits outlined by the Regional Minister for pharmacies participating. These include tax waivers, the provision of security personnel, and training for pharmacy staff. He stated, “Our service is not only limited to curative medical provision, but we are also engaged in promotive and preventive healthcare as well.” He urged the government to collaborate with stakeholders to resolve issues like security, staffing, electricity supply, and logistics to guarantee the policy’s long-term success. This integrated approach is critical for the sustainability of the initiative.

    The PSGH President also praised the government’s investment of GHS 36.2 million. This funding supports specialist training for over 2,200 healthcare professionals, including 100 specialist pharmacists. This investment, managed through the Ghana Medical Trust Fund (GMTF) under the ‘MahamaCares’ initiative, shows the government's commitment to strengthening human capacity in the health sector. This directly addresses the shortage of specialists in both public and private healthcare facilities, enhancing the overall healthcare system.

    Ashanti Regional Minister, Dr. Frank Amoakohene, delivered the keynote address, pledging the government’s full support for the policy’s implementation. He stressed that the policy extends beyond merely keeping shops open. It is about creating employment opportunities, enhancing service access, and ensuring healthcare is available whenever needed. Dr. Amoakohene confirmed that the government will partner with security agencies and local authorities to provide adequate security for pharmacies and markets. This commitment aims to safeguard continuous operations and ensure public safety.

    The Ashanti Region, a significant commercial hub, is expected to benefit greatly from extended pharmacy hours. This will likely reduce the burden on hospital emergency units and improve health outcomes for residents. The Minister called on PSGH to work with the Ministry of Health and Ghana Health Service. Their collaboration will ensure public education on the Free Primary Healthcare Framework, especially in underserved communities. This will ensure citizens are aware of and can access vital services. Pharmacists, as trusted community voices, will play a crucial role in this outreach.

    The commitment from both the PSGH and the government suggests a coordinated effort to address critical healthcare access issues. Future developments will likely focus on the rollout of security measures and tax incentives. Investors and the public will be watching for concrete steps in policy implementation and its impact on pharmacy operations and public health. This collaboration aims to solidify the role of pharmacists in primary healthcare delivery and drive continued national development.

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