Business Growth Hub

Practical ‘how-to’ guides to support Ghanaian businesses

Added: 10/06/2020 Posted in: COVID-19 Resource 1 view (s)

Economic Impact Of COVID-19 And Government Response

The number of infections have increased rapidly over the past few months, with more than 6 million confirmed cases and

over 370,000 deaths as at 1 June 2020. Disruptions in global supply chains,slowdown in investments and  job losses are

some of the general impact COV-19 has on industries.The Government is also implementing the following fiscal measures

to mitigate the impact of the pandemic on businesses and household: 

i) Adjustment in Expenditure

ii) External Financing

iii) Utilization of Stabilization funds

iv) Tax Incentives

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