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GUTA calls for cheaper credit, lower business costs in 2027 Budget

Source: MyJoyOnline · 2026-11-10T14:40:30.000Z · Business

GUTA calls for cheaper credit, lower business costs in 2027 Budget

The Ghana Union of Traders Associations (GUTA) has urged the government to introduce measures in the 2027 Budget to create a more enabling business environment, improve access to affordable credit and support private-sector job creation. Speaking on JoyNews’ The Pulse ahead of the budget presentation on Thursday, November 12, Vice President of GUTA Joseph Paddy said businesses needed practical support to expand production and create employment. He questioned what specific incentives the government was putting in place to help businesses secure cheaper financing and invest in manufacturing. “What is the government putting in place for us? So that when I go to the bank, I'll get cheaper credit, maybe a five-year moratorium to open a factory?” he asked.

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