NPP unveils 1.6 trillion fund

A government of the NPP will establish a 1.6 trillion cedi Ghana Business Investment Bank to provide the needed impetus for private sector growth in the economy, The NPP News has said.

The paper reports that the fund would be serviced with annual investment of 100 billion cedis by the government while other resourceful stakeholders would be encouraged to support it.

Party spokesman for Finance, Dr. Kofi Konadu Apraku, at a meeting of NPP Rescue Team 2001 and the Private Enterprise Foundation (PEF), announced plans by the party to kick-start the entrepreneurial spirit of the Ghanaian with the establishment of the Small Business Assistance Programme.

Dr Apraku said the fundamental difference between an NPP government and the NDC would be that while the ruling government's private sector support is motivated by partisanship and nepotism, the NPP will use merit as the yardstick for the disbursement of such funds.