We will reduce the cost of borrowing; President Mahama assures businesses
President John Dramani Mahama on Saturday assured businesses that the Government will reduce the cost of borrowing by reforming credit systems and supporting blended finance instruments.
This is to stimulate economic growth and to help strengthen businesses and industries.
The President also announced that the Government would retool the financial sector to serve the real economy—not just government borrowing or speculative trading.
President Mahama stated this in his opening remarks at the Second Edition of the Kwahu Business Forum at Mpraeso in the Kwahu South District of the Eastern Region.
The Kwahu Business Forum, which is the brain child of President Mahama, is a major initiative to foster entrepreneurship and support the growth of Ghana’s small and medium enterprises (SM...