Taking into consideration the fact that the declared vision of Government is the achievement of a Golden Age of Business through the development of the private sector as the engine of growth;
Being also aware of the fact that Ghana, as nation, has been facing severe constraints and challenges in the public utility services sector, and in the provision of public services;
Do hereby acknowledge the considerable effort being undertaken by Government to establish a favorable macro-economic environment in support of the private sector.
Taking however into consideration the results of a series of studies that have been commissioned by PEF, between 2003 and 2007, on the impact of power outages and water supply shortages on the operation and performance of private sector businesses, showing that the frequent disruptions in the provision of public utilities and shortfalls in the provision of government services especially the undue delays in government payments to private sector business operators, are having a devastating effect on private businesses especially on Small- and Medium-scale enterprises (SMEs). Our studies revealed in particular that:
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