Grapevine

How sustainable is government’s SME Go initiative – Prof. Asuming quizzes

Prof. Patrick Asuming

Economist at the University of Ghana Business School, Prof. Patrick Asuming has questioned the sustainability of government's SME Go initiative.

According to him, government’s inability to address basic challenges affecting small businesses will make the policy ineffective.

Speaking to Joy Business at a Quarterly Economic Roundtable organised by the Ministry of Finance and the University of Ghana, Prof. Asuming urged the government to target specific areas within the SME space and reduce the duplication of SME policies.

"I would have preferred we solve the overall business problems before this initiative. We have a long history of government bringing on board such interventions to support businesses but there are issues of sustainability and duplication. How it will be sustained. Will there be no political interference?".