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Majority of private companies under 1D1F are struggling because they misused loans they took from banks – Deputy Trade Minister

Joseph Marfo by Joseph Marfo
March 5, 2024
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Majority of private companies under 1D1F are struggling because they misused loans they took from banks – Deputy Trade Minister
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According to Deputy Trade Minister, Micheal Okyere Baafi, a lot of private companies under the One District One Factory (1D1F) initiative are struggling to survive because of the misuse of loans they receive from financial institutions (Bank).

“Majority of private companies under 1D1F are struggling because they misappropriate the loans they receive from banks as part of the initiative,” he stated on Oyerepa Breakfast Time, Tuesday, March 5 2024.

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Source: Oyerepafmonline.com

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Tags: 1D1FDeputy Trade MinisterMicheal Okyere BaafiOne District One Factory
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