Micro, small businesses seek special bank under new bill : c

Micro, small businesses seek special bank under new bill


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The Association of Small Scale Industries (ASSI) has called for the establishment of a special development bank that will take care of the needs of micro small and medium enterprises (SMEs) under the Ghana Enterprises Agency Bill, 2020.
The Association maintained that the MSME fund proposed under the new bill, should be converted into a financial institution that can support the MSME sector.
Speaking to the Graphic Business in an interview on January 16 in Accra, the President of ASSI, Mr Saed Moomen, underscored the need for a specialised financial institution for MSMEs due to the challenges in the provision of finance to the sector.

Related Keywords

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