Deputy Minister of Finance, Thomas Nyarko, has emphasized the government’s commitment to strengthening businesses in Ghana. He believes that when businesses thrive, the country becomes stronger as a whole. To achieve this, the government is providing support to both small and large enterprises through various programs.
These initiatives include offering loans with low interest rates, training for business owners, and other forms of financial assistance. The goal is to alleviate the pressure on businesses and equip them with the necessary tools to succeed. By partnering with banks and financial institutions, the government aims to increase access to capital for businesses, particularly small ones that often struggle to secure loans.
Mr. Nyarko highlighted that supporting businesses has a positive impact on the economy. When businesses succeed, they generate more tax revenue, create jobs, and provide better products and services. This, in turn, contributes to reducing poverty and improving the overall standard of living for Ghanaians.
The government’s efforts to support businesses are crucial for the country’s economic development. By providing the necessary resources and creating a conducive environment, businesses can grow and flourish. This will not only benefit business owners but also have a positive ripple effect on the entire economy.
The Deputy Minister’s message underscores the importance of a thriving business sector in driving economic growth and development. By working together with the private sector, the government can create opportunities for businesses to succeed, ultimately leading to a stronger and more prosperous Ghana.
In conclusion, the government’s initiatives to support businesses are a step in the right direction. By providing access to finance, training, and other forms of assistance, businesses can overcome challenges and achieve their full potential. As businesses grow and succeed, they will contribute to the country’s economic development, creating a brighter future for all Ghanaians.
Story by: Ohemaa Adusi-Poku
