General News of Thursday, 20 March 2025
Source: www.ghanawebbers.com
The Institute of Statistical, Social and Economic Research (ISSER) has urged the Ghanaian government to utilize existing banking infrastructure to establish a Women's Bank initiative. This recommendation is part of a broader strategy aimed at empowering women economically and enhancing their access to financial services. By leveraging established banks, the initiative could efficiently address barriers that women face in securing loans and other financial products, ultimately fostering entrepreneurship among women.
ISSER emphasizes that collaborating with current banking institutions will streamline the process of creating tailored financial solutions for women. This approach not only optimizes resources but also builds on existing frameworks to ensure sustainability. The call comes in light of ongoing discussions about gender equality in economic participation, underscoring the need for targeted interventions that support women's financial independence.
As Ghana continues to pursue inclusive economic growth, this initiative could play a pivotal role in bridging the gender gap in finance and boosting overall economic development by empowering half of the population through enhanced access to credit and banking services.