Dr. Mahamudu Bawumia, the New Patriotic Party (NPP) flagbearer, has responded to criticism claiming he is neglecting economic issues by prioritizing his digitalization agenda.
In response to claims from the opposition, particularly the National Democratic Congress (NDC) and its leader, John Dramani Mahama, Bawumia clarified that his focus on digital initiatives is actually a key component of a broader economic strategy designed to address Ghana’s financial challenges.
Bawumia has consistently advocated for digitalization as a powerful tool for economic transformation, asserting that it plays a crucial role in addressing core economic issues.
He highlighted that digital solutions, like the recently launched National Credit Scoring System, are essential for expanding economic opportunities for Ghanaians.
The credit scoring system, which evaluates individuals’ creditworthiness using digital data, is a key element of Bawumia’s strategy to improve access to financial services and promote economic inclusion.
At the launch of the credit scoring initiative, Bawumia emphasized that digitalization should be viewed as an integral part of economic policy, aimed at tackling major economic challenges.
He explained that modernizing Ghana’s economy with digital tools addresses systemic issues such as limited access to credit, financial transparency, and inclusion—critical factors for sustainable growth.
Bawumia further remarked that digital transformation goes beyond technology; it’s about creating a fair and efficient economic ecosystem that benefits all Ghanaians.
He explained that modernizing Ghana’s economy with digital tools tackles systemic challenges, such as limited access to credit, financial transparency, and inclusion, which are essential for sustainable growth.
In his remarks, Bawumia emphasized that digital transformation is more than just adopting technology; it’s about creating a fair and efficient economic ecosystem for every Ghanaian.
By leveraging digital tools, he envisions an economy where transactions are quicker, more reliable, and accessible to all, fostering a level playing field that supports growth across various sectors.
He pointed to the implementation of mobile money interoperability as a prime example of digitalization’s positive impact on the economy. This system enables smooth transfers across various mobile networks, expanding financial inclusion and facilitating financial transactions, especially for individuals without traditional banking access.
Bawumia emphasized that his digital agenda is focused on generating real economic benefits, highlighting improved access to credit and financial services as essential steps toward building a strong and inclusive economy.
Through these initiatives, he aims to establish a solid foundation that strengthens Ghana’s economic framework and brings meaningful improvements to the everyday lives of Ghanaians.
When I was pushing for the implementation of these projects, many people said I had abandoned economics to pursue digitalisation. They did not understand that I was just using digitalisation to solve economic problems
I remember when I made a statement in 2017 that with the implementation of mobile money interoperability, every Ghanaian will be able to have a bank account, when I said that, many people did not understand it. They even made jokes about it. They did not think it was possible. But today we have made it possible
