The
The Bank, according to him, would provide long term wholesale financing to the private sector through Commercial banks.
The Minister said this at a press briefing on Sunday to address issues that have been raised through the "Fix the country" campaign, saying, "By the end of July, we will have a
The government in 2017 hinted of the establishment of a
The move, the government noted would empower and grow many businesses in those sectors, making them vibrant and turning them into giant ones.
"The establishment of a
Meanwhile, the World Bank
The
"By offering long-term wholesale financing, credit guarantees, and other services, the Ghana Development Finance project will help increase overall lending to priority sectors and market segments," the World Bank Country Director for
"The project is aligned with government priorities outlined in the Coordinated Programme of Economic and Social Development Policies and is an integral part of the
On the health of the economy, the minister said the government was putting additional measures in place to ensure that the current challenges confronting it were resolved.
He said the COVID-19 had negatively impacted government's economic targets but assured that all was being done to provide more relief for Ghanaians.
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