Parents brace for higher textbook prices starting September

Under the new pricing structure, wholesale prices for preschool children's books will range from GHC50 to GHC60, up from the previous range of GHC35 to GHC38

Parents and educators are bracing for an increase in textbook prices starting in September, the Ghana National Association of Authors and Publishers (GNAAP) has announced.

According to John Akwasi Amponsah, president of GNAAP, the price adjustments will affect textbooks targeting preschool, primary, junior high, and senior high school students.

He said these adjustments were necessary to ensure sustainability in the publishing industry amid rising costs.

“In recent times macroeconomic indicators such as high inflation, high interest rates and the continuous appreciation of the dollar against the cedi plus the higher port charges and imposition of VAT on books and hike in fuel prices have increased the cost of producing books in Ghana.

“The value of books funds in debt are huge and publishers are losing their purchasing power on daily basis due to high rate of inflation and high cost of borrowing,” Amponsah said.

Under the new pricing structure, wholesale prices for preschool children’s books will range from GHS50 to GHS60, up from the previous range of GHS35 to GHS38. Similarly, primary school textbooks, previously priced between GHS50 to GHS60, will now be sold at prices ranging from GHS60 to GHS80. Junior high and senior high school books, which previously ranged from GHS50 to GHS80, will see significant increases, ranging from GHS80 to GHS180.

He called upon the government to reconsider certain port charges, including the COVID-19 levy and AU levy, and urged the withdrawal of the Value Added Tax (VAT) to alleviate the financial burden on parents and educational institutions.

The impending price hikes have sparked concerns among parents and educators, who are already grappling with various economic challenges. Many are worried about the impact on students’ access to essential educational materials, especially for families with multiple children.

The government has yet to issue a formal response to the GNAAP’s announcement.

Reporting By Jonathan Ofori, Ashanti Region

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