Global Trade Alert
Global Trade Alert

Ghana: Government adopts the 2022 Annual Budget affecting trade

Announcement

17 Nov 2021

In November 2021, the government of Ghana presented the 2022 Annual Budget with several trade-affecting measures, including a state loan scheme for young entrepreneurs, interest payment subsidy for farmers, allocation of funding for SME lending, allocation of preferential funding to local industry, and a commitment of funds for agricultural production subsidies. 

Source

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Number of interventions

3

0 certainly harmful

3 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

No implementation date

Revocation date:

No revocation date

State loan

On 17 November 2021, the government of Ghana announced the GHS 1 billion (USD 160 million) YouStart programme. YouStart is a funding vehicle that will assist young entrepreneurs to obtain access to pr...

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Interest payment subsidy

On 17 November 2021, the government of Ghana announced the framework for the interest rate subsidy scheme to support local agribusinesses. The government will provide a 50% interest subsidy on the deb...

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State loan

On 17 November 2021, the government of Ghana disclosed it had committed USD 200 million for further on-lending to micro, small and medium-sized enterprises (SMEs). The Development Bank of Ghana target...

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