President John Dramani Mahama’s address at the State of the Nation Address (SONA) was filled with promises and commitments to boost Ghana’s economy and improve the lives of its citizens. One of the key announcements made by the President was the establishment of the Women’s Development Bank.
According to President Mahama, the Finance Minister will allocate funds for the commencement of the Women’s Development Bank when he presents the upcoming budget. This move is expected to provide financial support to women entrepreneurs and small business owners, empowering them to contribute to the country’s economic growth.
The President’s announcement was met with applause from the audience, who saw this as a significant step towards promoting gender equality and economic empowerment. The Women’s Development Bank is expected to provide access to credit, training, and other resources that women need to start and grow their businesses.
This initiative is part of the government’s efforts to promote economic development and reduce poverty. By supporting women entrepreneurs, the government aims to create jobs, increase economic activity, and improve living standards.
The establishment of the Women’s Development Bank is a welcome move, and many are eagerly waiting to see how it will be implemented. With the Finance Minister’s allocation of funds, this project is expected to take off soon, bringing hope and opportunities to many women in Ghana.
Ruth Abla ADJORLOLO
