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