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The development of the Ghana social Enterprise policy(GSEP) is in fulfillment of the Government's commitment to promote and grow social enterprise as a means of improving livelihoods, particularly among the youth and contribute significantly to job creation and the achievement of the Sustainable Development Goals (SDGs). The SDGs, also known as the Global Goals,are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030".

Adopted by 193 counties, including Ghana, the SDGs came into effect in January 2016 ,and aim to foster economic growth, ensure social inclusion and protect the environment. Being one of 50 countries in which the post 2015 agenda consultations were held (2012) - 2030). Ghana was directly involved in the development of the SDGs and as such the goal reflect the aspiration and needs of the people of Ghana".

The policy is  designed to align with the SDGs and complement Ghana's second medium -Term private sector Development strategy (PSDS II, 2012-2017) and other development programmes and strategies that seek to develop a thriving private sector for the country. The policy therefore focuses on supporting the growth of small and Medium scale Enterprise(SMEs) that play an increasingly vital role in building more resilient communities within the social enterprise sub-sector of the economy".

It is worth mentioning that conscious effort to address the challenges of the private sector started in the second half of the year, 2006 with the implementation of the first medium -term private sector Development strategy (PPDS I, 2010). The main objective of the PSDS Lela's to consolidate the gains made under PSDS l which were mainly in the area of creating a conducive business environment and also support production at the firm level to enable business to harness benefits.

However, there were some serious challenges which affected the implementation of the strategy, hence the decision of the PSDS  Board and the Ministry Of Trade to extend the implementation period. The. The social Enterprise policy is therefore developed to complement the PSDS ll to drive both economic and social goal of the strategy at the enterprise level and in addition support efforts at effectively implementing and monitoring the Global Goals".

Source | | Kofi Dwumah

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