News:
November 11, 2026
Ahead of tomorrow’s budget presentation by Finance Minister Dr. Cassiel Ato Forson, the Minority has questioned whether President John Mahama will keep his promise to establish a Women’s Bank. But the Member of Parliament for Odododiodioo, Alfred Nii Kotey Ashie, says the promise will be fulfilled.
In an interview with Ghanamps.com, Ashie said banking requires diligence and that the proposed institution is “not just an ordinary bank.”
He said the bank must be built to serve women, particularly over the medium to long term in large-scale industries where funds come in gradually, and must be made functional. “We do not need a nine-day wonder,” he said.
He added that funds were committed in this year’s budget for the establishment of the Women’s Bank, and that the process requires licensing, due diligence and compliance with regulations—explaining why it has taken time.
“We believe in proper planning to prevent poor performance. In the coming years, we are going to establish the Women’s Bank,” he said.
Asked whether the bank would be established before the end of Mahama’s tenure, Ashie said the president is a leader who “says and does.” He acknowledged that Mahama has not done everything, but said most of what the president has promised is being done.
He said the president has committed seed money to the project, showing confidence in it, and that the social contract with Ghanaians will be fulfilled. He added that next year “will see light at the end of the tunnel.”
Kwaku Sakyi-Danso/Ghanamps.com