
Audio By Carbonatix
The Africa Development Bank (ADB) in collaboration with the Government of Ghana will give credit to operators of small-scale and medium-scale enterprises in the Agona Swedru District towards poverty reduction in the area.
The project expected to take off in May this year, will be executed under the Urban Poverty Reduction Project and would compliment government's efforts at reducing poverty in urban communities.
It was also aimed at achieving the Millennium Development Goals to promote good governance and human resource development.
Dr Yero Baldeh, a Socio-Economist of the ADB in Ghana, announced these at a meeting with the Agona District Chief Executive, Mr Ben Mensah, heads of decentralised departments, non-governmental organisations, operators of businesses, at Agona Swedru.
He said committees have been formed to supervise, monitor and evaluate the project scheduled.
Yashreg Dejene, Gender expert of the ADB praised the Ghanaian media for effectively informing the people about the Urban Poverty Reduction Project, which formed part of the Social Investment Fund Programme.
Mr Isaac Tettey, Agona District Planning Officer, said the project would revolve around capacity building for poor people, revenue generation of women undertaking economic ventures and effectiveness of revenue collection machinery.
He said social capital investment support and socio-economic infrastructure to improve the standards of living of people in urban communities would also be provided.
Mr Tettey said under the programme, people below the extreme poverty line would receive social inclusion transfer money to serve as grant.
He said the operators of small-scale enterprises would also be given financial assistance for job creation through partnership with the ADB.
Mr Tettey said about 4000 households in 12 district capitals selected nation wide to serve as pilots would also benefit from the assistance.Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Easter gesture: Ablakwa settles medical bills for 85 North Tongu constituents
2 hours -
Africa must harness its population strength—Titus-Glover
2 hours -
Visa-free access doesn’t mean unlimited stay – Lom Ahlijah
2 hours -
From Golgotha to Kwahu: The Easter Migration of the Faithful and the Faithless
3 hours -
How the Ghanaian onion traders’ standoff with Nigeria unfolded and threatened local supply
3 hours -
No compensation for demolished structures on 24-Hour Economy market lands — Gov’t to structure owners
3 hours -
Financial Institutions must back local enterprises to spur growth – Deputy Minority Whip
4 hours -
Photos: Gomoa Easter Carnival 2026 ends in a burst of colour and celebration
4 hours -
Gomoa Easter carnival ends in colour as fashion, music and celebrity appearances light up final night
4 hours -
Families pick Luv Fm Family Party to celebrate Easter Monday with music and more
4 hours -
IMANI flags procurement issues in Ghana Gas insurance switch
5 hours -
Kaneshie footbridge rehabilitation to take up to 9 months — AMA
5 hours -
AMA confirms trading will be banned on Kaneshie footbridge after rehabilitation
5 hours -
IMANI flags procurement concerns in state insurance placements
5 hours -
Mahama’s push for visa-free Africa reflects Nkrumah’s Pan-African vision – Rashid Tanko-Computer
5 hours