Private sector needs one-off bailout package— AGI President

Players in the private sector have requested that the government props up their businesses with a one-off bailout package that will help strengthen their operations.

Such a bailout, they said, would enable them to withstand and drive through the myriad of challenges facing them and the economy in general.

With inflation at 16.4 per cent, interest rates averaging 30 per cent and the power supply deficit worsening into the second quarter, the players, led by the Association of Ghana Industries (AGI) and the Entrepreneurs Foundation, explained that the government needed to