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[Full Text] 2021 Mid-Year Fiscal Policy Review Of The Budget Statement And Economic Policy

[Full Text] 2021 Mid-Year Fiscal Policy Review Of The Budget Statement And Economic Policy
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GCX creates wider market for 320,000 smallholder farmers

…sets to begin cashew auctions this July The Ghana Commodity Exchange (GCX) has created a wider market reach for 320,000 smallholder farmers across the country, with access to quality commodities for both local and international consumers and fair pricing mechanism for farmers, Tucci Goka Ivowi, Chief Executive Officer of the exchange has disclosed. The onboarding of these farmers on the exchange, according to the GCX, has ensured standardization and has drastically reduced the risk of price manipulation by middlemen. The increasing trade in cereals and grains has given the impetus to the GCX to venture into cashew sales due to demands from international markets.

Take stakes in social enterprises—pension fund managers urged

+ Social Enterprise (SE) Ghana has begun discussions with pension fund managers to help create an enabling environment that will allow fund managers of tier two and three contributions to take stakes in its yet-to-be established private-sector-led impact fund. The move is to fast-track the establishment of the proposed fund to provide long-term funding to social enterprises and other firms that report on social impact. Speaking to the Daily Graphic at a breakfast meeting by the Social Enterprise Ghana in Accra, the Chief Executive Officer (CEO) of SE Ghana, Ms Amma Lartey, observed that her office was not only engaging with fund managers but also financial institutions to raise capital for the proposed fund.

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