Covid-19 has caused major disruptions to the global economy. The impact of Covid19 is globally, regionally, and locally pervasive and Ghana is no exception. The macrofiscal impact is extra-ordinary and it will take probably more than 3 years for Ghana to normalize the situation. The macro-fiscal impact is noted in the sharp contraction of GDP from the 6.8% projected in the 2020 budget to 1.5% in the worst situation given the partial lockdown of greater Accra and Greater Kumasi and elevated fiscal deficit to a level not seen in our modern history from GHS 18.9 to GHS 30.2 according to Ministry of Finance Statement to Ghana's Parliament on the 30^thMarch, 2020. The nation's central bank on 18^thMarch 2020 announced certain measures to help ease the pressure on the economy including a 150 basis rate cut from 16% to 14.5%. Bank of Ghana in addition put forward the following measures including reducing the Primary Reserve Requirement from 10% to 8% as well as reducing the Capital Conservation Buffer for banks from 3.0% to 1.5% thus effectively reduces the Capital Adequacy Requirement from 13 percent to 11.5 percent. Government also responded with fiscal stimulus arrangements including the setting of the Coronavirus Alleviation Program with a seed money of GHS 1 billion with GHS 600 earmarked for the private sector to be administered by National Board for Small-Scale Industries (NBSSI). It has been argued that the containment measures put in place has caused more harm than the virus itself. Given the above and your own understanding of recent development with respect to Covid-19 and the various interventions both fiscal and monetary, you are required to attempt the following questions:

a. Discuss how the Covid-19 containment measures interferes with the Going Concern of the Private Sector particularly SMEs

b. Discuss the implications of the various Monetary Policy measures on the two critical decisions of the financial manager namely investment and financing decisions of SMEs

c. Critically analyse the effect of government's fiscal measures on the going concern of SMEs including what the NBSSI should be looking out for in the disbursement of the funds