Large enterprises to benefit from GH₵1.2bn stimulus package

Large-scale enterprises are to benefit from a financial relief programme meant to mitigate the impact of the COVID-19 shock on their operations.

The package involves the disbursement of a total of GH₵1.2 billion to businesses under terms that will be announced in the mid-year budget review being presented to Parliament now.

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Information available to Graphic Online indicates that the support programme will be implemented immediately and targeted at large scale enterprises.

It will be separate from the GH₵600 million that is being disbursed to small and medium enterprises by the National Board for Small Scale Enterprises (NBSSI).

It is expected that the Finance Minister, Mr Ken Ofori-Atta, will give the details of the package in the ongoing review presentation.