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GUTA charges the Exim Bank Ghana to live up to expectation

Berlinda Entsie

GUTA has called on the Exim Bank Ghana to deliver on its core mandate.

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According to them, the bank should reduce, if not completely erode, the challenges associated with the financing of exports.

READ ALSO: Subsidy is a prerequisite for food security – GAWU

Benjamin Yeboah, an Executive Member of GUTA is optimistic Exim Bank will address the current financial challenge that is battling the sector.

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Export development finance institution, EximBank Ghana, was launched to bolster government’s quest for an aggressive and sustainable export-led economy.

READ ALSO:There were 2900 dollar-millionaires in Ghana for the year 2016

The EximBank has long been touted by economists and business minded think-tanks as the surest relief package to improve the country’s export competitiveness as well as rake in foreign exchange.

READ ALSO:GRA poised to meet 2017 revenue target

Meanwhile, Exe Secretary Importers and Exporters of Ghana Asaki Samson Awingobit has expressed fears over the Exim Bank to possibly act as the Agric Development Bank whose operations have not really benefited farmers in Ghana.

Berlinda Entsie Berlinda Entsie Berlinda Entsie a reporter at Pulse.com.gh/bi/. She reports on all your business related issues and always ready to promote your business through amazing reportage.

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