The African Continental Free Trade Area (AfCFTA) Secretariat, is working towards establishing an adjustment fund to serve as a cushion for countries that will reduce their tariffs to support the implementation of the agreement.

The secretariat said it was concerned about the possible drop in revenue for countries in that circumstance and that the fund would help to lessen the economic impact of tariff reduction on such countries.

For more information, please see https://www.graphic.com.gh/business/business-news/ghana-news-afcfta-considers-40b-fund-for-tariff-reducing-countries.html