Business News of Thursday, 21 May 2020Source: www.ghanaweb.comCoronavirus: Interest rate on GH¢600m stimulus package reduced to 3%play videoKosi Yankey-Ayeh, Executive Director for the NBSSIThe interest rate on the government's 600m stimulus package for Micro, Small and Medium Enterprises (SMEs) has been reviewed from 5 to 3 percent. Addressing the press, the Chief Executive Officer of NBSSI Kosi Yankey Ayeh said after stakeholder deliberations, the 5 percent interest rate was reduced to 3. President Nana Addo Dankwa Akufo-Addo on Wednesday, May 20, 2020, launched a GH¢600 million Coronavirus Alleviation Programme (CAP) business support scheme intended to support small and medium-scale enterprises (SMEs) impacted by the novel coronavirus. The fund is intended to provide relief to SMEs across the country that has been negatively affected by the disease. Send your news stories to and via WhatsApp on +233 55 2699 625.
Source: GhanaWeb May 21, 2020 13:18 UTC