A Deputy Minister of Trade and Industry Robert Ahomka-Lindsay has stated that Ghana will still record positive Gross Domestic Product (GDP) growth this year despite the ravages of the coronavirus pandemic on the local economy.
Speaking on Wednesday September 16 during the launch of the of the National Board For Small Scale Industries (NBSSI)/MasterCard Foundation COVID-19 Recovery and Resilience Program for MSMEs, dubbed “NKOSUO” he stated that “Ghana will still record positive GDP growth in Ghana this year”
According to Mr Ahomka-Lindsay, the importance of the Small Scale Industries on the economy of Ghana could not be underestimated therefore, government is working hard to support the sector.
He added that “MSMEs are the economy of Ghana. 70% of our economy comes from MSMEs. When COVID-19 hit it was clear that we must do everything to support.
The President in one of his addresses to the nation announced that there were plans to support members of the Small Scale Industry.
The project is to support MSMEs recover and become resilient in this period of COVID-19.
The NBSSI through its “Coronavirus Alleviation Program Business Support Scheme” (CAPbUSS) project has already supported about 200,000 businesses.
By Edem Tutu|3news.com|Ghana