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BusinessGhana Enterprises Agency disburses over GH₵700 million to MSMEs

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Ghana Enterprises Agency disburses over GH₵700 million to MSMEs

Chief Executive of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed that the organization has successfully disbursed over GH₵700 million to support micro, small, and medium-scale enterprises (MSMEs) in the country.

In an interview on JoyNews’ PM Express, Yankey-Ayeh underscored the tangible effects of this financial support, marking a pivotal role in sustaining businesses amid and post the Covid-19 pandemic.

Yankey-Ayeh, when questioned about the sufficiency of the disbursements, responded with a call for perpetual improvement. She asserted, “In life, you should never be satisfied with what you get. So I would want more, and I think people should want more. The question therefore should not be ‘Is it enough?’ The question should be ‘How can we do more for people?'”

The Chief Executive, expressing the government’s unwavering commitment, stated, “In this nation’s history, no government or agency has disbursed so much funds to the micro, small, and medium-scale enterprises in the way we’ve done. It’s unprecedented, never happened before.”

Highlighting the importance of recognizing the extraordinary efforts made by the agency, Yankey-Ayeh urged a shift in perspective, asserting, “The question should not be ‘Is it too small?’ Because it is not about that; it is about even making the effort.”

The disbursed funds aim to provide financial assistance, promote entrepreneurship, and contribute to the overall development of small businesses in the country.

Yankey-Ayeh emphasized that the government’s focus remains on continual enhancement and expansion of support for MSMEs.

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