The Government's SME GO initiative seeks to support fledging businesses with finance, expertise and training to facilitate growth.

In a speech delivered on his behalf at a stakeholder sensitisation forum for SMEs in the Central Region,
Dr Mohammed Amin Adam, the Minister of Finance, said the Government was intentional about providing access to financial resources, expertise and capacity-building programmes to empower businesses.

He particularly underscored the importance of the SMEs project to drive innovation, create jobs and stimulate economic acceleration.
Hinged on the fact that SMEs were the lifeline of Ghana's economy, he said it should be all stakeholders' collective responsibility to ensure the stimulus policy's success.

Ninety-two per cent of registered businesses were SMEs whilst 85 per cent of manufacturing jobs were created by SMEs, thus contributing about 70 per cent to the country's Gross Domestic Product (GDP), he said.

While acknowledging that the initiative was laudable, some raised concerns about the potential politicisation of beneficial state policies, hindering the intended benefits.
They called on the Ghana Exim Bank to fulfil its commitment to supporting SMEs to enable them to scale and expand their businesses.