Link stimulus package to industrial value chains – Chamber of Commerce

President of the Ghana National Chamber of Commerce & Industry, Nana Dr. Appiagyei Dankawoso I, has urged the government to connect stimulus package to industrial value chains for operational resilience.

His comments follow the country announcing a GH¢1 billion stimulus package to support businesses, more especially SMEs as Coronavirus continues to slow prospects.

The stimulus package is meant to ensure that the Ghanaian economy is back on track in the nearest future.

A press statement issued by the Chamber and copied to GhanaWeb indicated that stimulus packages must be used to strengthen the backward and forward linkages necessary for industrial growth while addressing the interconnected risks within an industry.

The release further noted the need for government to adopt a holistic approach in designing and disbursing the stimulus package.

“Government must swiftly provide clarity on the intended beneficiaries of the stimulus package, the qualifying criteria and arrangements for providing the supports,” it added.

The chamber also stated its commitment to work with government to ensure a fair and transparent disbursement of the fund to deserving beneficiaries.

Below is the full release