“No TIN, no stimulus cash”-NBSSI boss

Kosi Yankeh-Ayeh

The Executive Director of the National Board for Small Scale Industries (NBSSI) has called on all Businesses to obtain Tax Identification Numbers (TIN) in order to benefit from the GH¢600 million stimulus package.

Government, in the wake of the COVID-19 pandemic, has earmarked GH¢600 million as stimulus package for small and medium scale enterprises (SMEs) to ease their pressure.

Madam Kosi Yankeh-Ayeh has however stated that ‘No TIN numbers, No stimulus’.

She assured the general public that her outfit will be fair in the distribution of the GH¢600 million package.

She said the disbursements will be transparent with external auditors in place to audit the funds, hence no need to entertain fear of introducing partisan politics into the allocation.

The CEO of Dalex Finance, Ken Thompson, and others raised concerns that the NBSSI is too political to handle this assignment.

Mr Thompson suggested that the money should rather be given to financial institutions to handle and not the NBSSI.

 

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