GNAAP Announces Increase In Prices Of Books Since NPP Govt Fails To Reduce 27.5% Tax On Importation Of Books
The President of GNAAP, John Akwasi Amponsah, said the high inflation rate, fuel prices, exchange rate, and high import duties are the factors considered in increasing the prices of books.
Freeman Koryekpor 
THE Ghana National Association of Authors and Publishers ( GNAAP) has announced increment in prices of buying various books, which will take effect in September 2024, since the government has failed to reduce 27.5% VAT on the total cost of importing books the from harbour.
The President of GNAAP, John Akwasi Amponsah, said the high inflation rate, fuel prices, exchange rate, and high import duties are the factors considered in increasing the prices of books.
So far book prices in the mature western markets have not been consumer-impacted by the global economic crisis, as a healthy book industry has been able to cushion the blow.
The GNAAP cried out that the challenges facing association is the imposition of VAT estimated about 27.5% on the total cost of importing books the from habour.
Addressing a press conference in Kumasi today the President of the GNAAP, Mr John Kwasi Amponsah decried over how the taxes are crippling their businesses as publishers.
He therefore seized the opportunity to announce the new prices of books starting from September, creche and KG will rise from GH¢ 50 cedis to Gh¢60 cides, primary level cost from Gh€60 to 80gh and JHS and SHS too will rise from 80 to 180gh respectively
They are pleading with government to reduce the VAT and also take off some duties from Book importation because NPP government understand education, free SHS and other implementation to education is making learning lovely.
They further pleased with parents to understand their situation which is the new price.
