The GHC100 billion CARES must also be used as a stimulus for small businesses—AfED CEO
By Amos Dankwa
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On the 18th November, 2020 , the Government of Ghana launched the Ghana COVID-19 Alleviation and Revitalization of Enterprise Support (CARES) initiative in Accra.
The Ghana CARES (Obaatanpa) programme is a GHȻ100 billion post-COVID programme to stabilize, revitalize and transform Ghana's economy to create jobs and prosperity for Ghanaians over a three-year period.
It is sequenced in two phases: a Stabilization Phase that started from July 2020 and ended in December 2020; and a medium-term Revitalization Phase from 2021-2023.
The President reassured the nation of the Revitalization Phase of the CARES initiative in his SONA, yesterday. The key projects under the CARES Programme include: