The Director of Communications of the New Patriotic Party (NPP), Richard Ahiagbah, has said that the Women's Development Bank is dead on arrival.
He argues that the GHS 51.3 million allocated for the creation of the bank is woefully inadequate to establish a bank in Ghana.
The bank, which was a key campaign promise of the National Democratic Congress (NDC) ahead of the 2024 general elections is targeted to support women-owned businesses by providing financial assistance and fostering economic empowerment.
In a post on his X page, Ahiagbah said "Women's Development Bank is dead on arrival because the allocated GHS 51.3 million can not establish a bank in Ghana.
