Stimulus Package 2020 Ghana

In an attempt to reduce the negative economic and social impact of covid 19 stimulus packages have been put forward by various governments including the ghana government.

Stimulus package 2020 ghana. One of such groups is the ghana union of traders association guta who described the stimulus package as grossly inadequate in a statement issued on monday may 11 2020. On ghana president announces gh 1b stimulus package in covid 19 response. The government has announced a gh 1 billion stimulus package to households and businesses particularly small and medium scale enterprises under a coronavirus alleviation programme.

Facebook twitter whatsapp linkedin. March 29 2020 general news comments off. Ghana s fiscal stimulus package against covid 19 the ministry of finance is leading the implementation of the proposed fiscal stimulus on behalf of the government of ghana and these include the.

In view of the impact of the disease on ghana s economy which is expected to cost in excess of gh 9 billion the government set aside a stimulus package of gh 1 billion for industry. The national board for small scale industries nbssi has presented the guidelines for businesses to access the government of ghana s stimulus package. The package is a soft loan package for businesses that have significantly suffered the impact of the covid 19 outbreak.

What is a stimulus package. Share this with more people. Businesses operating in nine selected sectors of the economy are the ones to benefit from the gh 600 million stimulus package meant to cushion micro small and medium enterprise from the negative.

Government has announced a one billion cedi stimulus package to households and businesses particularly small and medium scale enterprises under a coronavirus alleviation programme. Must be located in ghana enterprises running for at least six months from march 2020 registered businesses enterprises rgd district assembly micro informal tin number businesses enterprises that are adversely impacted by covid showing evidence businesses enterprises that are producing goods or services that support the fight against covid. The government has announced plans to roll out a stimulus package for stakeholders in the.