Lack of credit facilities has been identified as a major constraint confronting small- and medium-scale enterprises (SMEs) in the country.
There is the need, therefore, to create an enabling environment that would ensure the provision of affordable credit facilities,
The director general of the Private Enterprises Foundation (PEF), Dr. Osei Boch-Ocansey said this at the launch of a credit facility sponsored by the Italian government in Koforidua on Tuesday.
The credit facility which targets SMEs falls under the Ghana Private Sector Development Fund (GPSDF).
The basic aim of the launch was to provide the private sector with the necessary information that would help them understand the facility in order to access it adequately, the Director General said.
