Government targets SMEs in latest economic reform drive

President Nana Addo Dankwa Akufo-Addo’s government is to embark on a new round of business liberalisation measures aimed at boosting the performance of Ghana’s smaller companies and improving the country’s growth rate.

The reforms are designed to remove some of the regulatory barriers to small and medium-sized companies after Ghana dropped on the recently released Ease of Doing Business Ranking.

This move seeks to facilitate financing and provide advice to smaller companies to thrive and push into export markets.

Chief Executive of the Ghana Investments Promotions Centre (GIPC) Yofi Grant, made the revelations to Joy Business’ Norvan Acquah-Hayford in Dubai at the annual Global Business Forum (GBF) Africa 2019.