President calls for more investment in SMEs.
President John Evans Atta Mills has called on the financial sector to invest more in Small and Medium Enterprises (SMEs) and the agricultural sector of the country, to boost the economy.
He has also urged banks to reduce their lending rates, so as to stimulate growth and improve the living standards of the people.
President Mills said this in Accra at the opening of the Energy Bank, adding that since the economy has been stabilised for a smooth take-off, there is the need for financial institutions to support government’s quest to develop its human resource base.
He pledged government’s commitment towards improving and sustaining the business environment in the country for the bank to yield appreciable returns.