The report estimates businesses lost GHS 115.2 million in sales since March. An estimated 770,124 had their wages reduced while an estimate 41,952 were laid off. The report also highlighted the limited access to the government's assistance for businesses with only 3.5% of firms receiving government assistance.
1 out of 3 businesses (35.1%) were not aware that there was support from government available indicating the need for greater/better advertising of such opportunities. About 1 out of 10 businesses (12.2%) did not apply because they thought they would not get the support which suggests a need for greater engagement with businesses and stakeholders for clarity and transparency.
The survey interviewed 4,311 (both formal and informal) businesses across the country. Read more in the report here