REQUEST FOR APPLICATION

GHANA  COVID-19 ALLEVIATION AND REVITALISATION OF ENTERPRISES SUPPORT (GHANACARES)  ‘OBAATANPA’ PROGRAMME

INTEREST RATE SUBSIDY FOR AGRIBUSINESSES 

1. Introduction

The Government of Ghana is implementing the Ghana COVID-19 Alleviation and Revitalization of Enterprises Support (Ghana CARES) programme as its response to mitigate the impact of the COVID-19 pandemic on the lives and livelihoods of Ghanaians.

The programme identifies agriculture as one of the critical sectors that has the capacity to revitalize and transform the Ghanaian economy.

One of the key interventions  to facilitate  access to affordable financing is to provide interest rate subsidy (IRS) to private actors in the rice,tomato,poultry and soyabean value chains  in support of Government’s import substitution agenda.The Government,through the Ministry of Food and Agriculture(MoFA)  in collaboration with Ghana Incentive-Based Risk Sharing System for Agricultural Lending (GIRSAL) is partnering financial institutions to implement this intervention.

Read more: Request for Application: Ghana CARES, Interest Rate Subsidy for Agribusinesses