Vice President Dr. Mahamudu Bawumia is poised to unveil a new Credit Scoring System in October 2024, a key aspect of his campaign.
This initiative aims to facilitate credit purchases for Ghanaians, allowing them to buy items and pay in installments.
Dr. Bawumia believes this transition from a cash-centric economy to a credit-supportive framework will benefit small businesses and young entrepreneurs.
During a recent campaign event in Assin Fosu, he emphasized the system’s potential to stimulate economic growth, generate jobs, and enhance access to credit for individuals.
He stated, “This system will open up new opportunities for individuals and small businesses to access credit, which in turn will drive economic growth and job creation.”
Additionally, at the event, Okumanin Baffour Asare Kyeahene II, the Paramount Chief of the Afutuakwa Traditional Area, urged Dr. Bawumia to address the pressing issue of poor road conditions in the Assin Central Constituency, which is a significant concern for local residents.