This initiative is part of a broader strategy to enhance financial inclusion, stimulate economic growth, and empower individuals and businesses nationwide. Dr Bawumia made this announcement during the launch of the New Patriotic Party (NPP) manifesto launch at Takoradi in the Western Region on Sunday, August 18, 2024, where he outlined the importance of establishing a robust credit system that would provide Ghanaians with better access to financial resources. He emphasised that the current financial infrastructure needs to evolve to support the aspirations of both individuals and enterprises. The proposed credit system, Bawumia said is expected to have a wide range of benefits. For individuals, it will facilitate easier access to loans for personal development, education, and housing.