Investment Climate Brief 8th - 12th Jun '20

  • The local bourse posted mixed performance during the week as the GSE-CI and GSE-FSI moved in opposite directions.
  • On the secondary Treasury market, the Government exceeded its auction target of GHS 875m as a total of GHS 921.23m was raised.

ECONOMIC SCOOP

Disbursement of Government’s GHS 600m COVID-19 stimulus package to MSMEs set to begin this week.

  • The National Board for Small Scale Industry (NBSSI) has revealed that about 200,000 applicants are expected to benefit from the programme.
  • The disbursement exercise is expected to close by 20th June 2020.
  • The NBSSI also announced that another amount of GHS 90m secured together with the Mastercard Foundation is to be disbursed to selected beneficiaries when the GHS 600m package begins to deplete.

 

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