Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), has outlined a transformative vision for Ghana’s financial landscape, introducing a Credit Scoring system. This announcement was made during his ongoing constituency-focused nationwide campaign, which recently took him to the Lambussie, Nandom, and Lawra constituencies.
In a post on his official Facebook page, Dr. Bawumia highlighted the critical steps already taken towards this financial revolution.
With the very significant issuance of the Ghana Card, the merging of databases, and the exponential growth of financial inclusion following the success of mobile money Interoperability, all is now set for the operation of a Credit Scoring system for Ghana
Dr. Bawumia elaborated on the numerous benefits of the proposed Credit Scoring system. He pointed out that it would simplify the process for Ghanaians to purchase essential items such as cars and mobile phones, as well as secure loans at lower interest rates.
In most advanced nations, mobile phones can even be obtained for free from the phone companies with a two or three-year contract subject to your credit score
During his engagements with the people of Lambussie, Nandom, and Lawra, Dr. Bawumia shared more of his forward-thinking strategies. His campaign focuses on interacting directly with chiefs, opinion leaders, residents, and the youth across various constituencies, gathering insights and support for his policies. His commitment to leveraging digital advancements and financial innovations aims to propel Ghana into an era of economic growth and development.
As the December 2024 elections approach, Dr. Bawumia’s campaign emphasizes practical solutions and transformative policies.
