Tag: Stimulus package
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Intravenous infusions seeks $5m stimulus package for expansion
A pharmaceutical products manufacturer, Intravenous infusions limited, is urging the swift release of the stimulus package to assist in its operations. The company is yet to receive the support after a year of applying for the funding. The company’s Managing Director, David Klutse is also hopeful of its expansion into other West African countries with…
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Monitor stimulus package use to avoid ‘waste’ – AGI to govt
The Association of Ghana Industries (AGI) is demanding that the government comes clear on how it intends to account for the stimulus packages that it is offering to distressed companies. The AGI fears that the taxpayer risks losing hugely if beneficiaries are unable to account for their allocation. Meanwhile the AGI’s business barometer report has…
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Industries demand swift release of stimulus packages
The Ghana National Chamber of Commerce and Industry (GNCCI) has demanded swift action in releasing the stimulus packages announced by government to distressed businesses. Government as part of plans to improve the business environment in the country, in 2017, began processes to support businesses in distress through support packages. The Trade and Industry Ministry has announced…
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Textile workers unhappy with ‘stimulus package’ for pirated textiles
The Local Textile Workers’ Association has expressed displeasure at government’s plan to offer financial support to solve the smuggling of pirated goods onto the local markets. Although they admit they are in need of financial help, they are confident it will not address the issue which remains the biggest challenge in the industry. Their assertion…
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Businesses want stimulus package released by midyear
Private sector businesses have impressed on the government to make its stimulus package for businesses, available by the end of June this year. Among the numerous interventions by the NPP government to make local businesses more competitive, is the provision of financial support to some distressed businesses in the private sector. But the businesses are…