PRIVATE SECTOR

The programme which is one of UNDP'S support to the development of the country, aims at strengthening the technical and institutional capacity of the private sector in Ghana to perform its role as the engine of economic growth, with the overriding focus on reducing poverty through employment generation and wealth creation. This is being done through supporting selected public and private sector institutions in specific focused activities to promote and facilitate advocacy, policy development and institutional and legal reforms. It also seeks to establish the institutional arrangements to deepen private sector interactions and exchanges on markets, products and services development. The programme was instituted in July 2002 and it is expected to end in December 2005, and its executing agency is Ghana 's Ministry of Finance and Economic Planning.

The programme addresses six key issues:

•  Capacity Building of the Ministry for Private Sector Development (MPSD), particularly for the promotion of Private Public Partnerships.

•  Private Sector Advocacy and Dialogue

•  Capacity Building for Developing Policy Frameworks for Micro and Small Enterprises and for Advocacy of Industry Representative Bodies

•  Poverty Reduction through Accelerated Export Development.

•  Entrepreneurship Development of Youth and Vulnerable Women.

•  Capacity Building of Microfinance Institutions (MFIs).

UNDP support has specifically led to the following:

1. Strengthened capacity of public sector institutions for the development of policies, strategies and programmes as well as the creation of an enabling environment for private sector development. more>>

2. Strengthened capacity of private sector business associations for advocacy and dialogue with government and for the provision of capacity building training for its members. more>>

3. Capacity Building of Microfinance Institutions. more>>