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Contact Us

+233-200543424
 

The Campaign Team

Ghana Development Bank

P.O.Box KS 13007

Adum - Kumasi

Ghana.

 

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EMAIL

info@mysite.com

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Transporttation

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Healthcare

Education​​​​

 

 

Welcome to Ghana Development Bank Campaign

 

 

Ghana Development Bank (hereafter GhDB) is a proposed national development financing institution for Ghana. Its establishment will provide the country with a new and a sustainable source of long-term financing to undertake smarter infrastructure and industrial development, sustainable economic growth and poverty reduction.

 

Ghana is a developing country and needs a huge financing to undertake key developments; however, donor support has now gone down significantly and public coffers are strained at the finance ministry, but by neglecting to invest in our infrastructure and industrial needs and key sectors of the economy will undermine growth and stagnate national development.

 

Ghana must find more effective and efficient ways of using scarce public resources to catalyze private investment and the proposed Ghana Development Bank (GhDB) will do just that, by mobilizing billions of Ghana Cedis into project financing without putting undue pressure on already strained public budgets and scarce private sector funds in the economy.

 

 

An adequate supply of infrastructure has long been viewed by both the academia and policy makers as a key ingredient for economic development and access to easy flow of funding is vital; the GhDB will provide both financing and technical advice to help Ghana develop and implement long-term policies to tackle underlying economic problems while cutting down the nation’s dependence on foreign loans and international aid.

 

The GhDB will be wholly owned by the public but its governing board and management will be completely independent of the government and there will be no presidential appointee on the Board. GhDB will not be allowed to take deposits or compete with commercial and retail banks, but it will facilitates their business in areas with its mandate by lending through qualified commercial banks and other financial institutions, and not directly to customers.

 

The GhDB when established as an independent body will provide it with a greater budgetary flexibility; that is not to say it will have a complete budgetary freedom. It will be required to submit its budget to the minister of finance, who in turn will include that in the national budget to be submitted to the parliament.

 

An adequate supply of infrastructure has long been viewed by both the academia and policy makers as a key ingredient for economic development and access to easy flow of funding is vital; the GhDB will provide both financing and technical advice to help Ghana develop and implement long-term policies to tackle underlying economic problems while cutting down the nation’s dependence on foreign loans and international aid.

 

The GhDB will be wholly owned by the public but its governing board and management will be completely independent of the government and there will be no presidential appointee on the Board. GhDB will not be allowed to take deposits or compete with commercial and retail banks, but it will facilitates their business in areas with its mandate by lending through qualified commercial banks and other financial institutions, and not directly to customers.

 

The GhDB when established as an independent body will provide it with a greater budgetary flexibility; that is not to say it will have a complete budgetary freedom. It will be required to submit its budget to the minister of finance, who in turn will include that in the national budget to be submitted to the parliament.

 

 

 

 

 

 

 

 

 

 

 

News & Publications

10-25-2023

 


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10-25-2023

 


I'm a paragraph. Click here to add your own text and edit me. It’s easy. Just click “Edit Text” or double click me and you can start adding your own content and make changes to the font. Feel free to drag and drop me anywhere you like on your page. I’m a great place for you to tell a story and let your users know a little more about you.

 

 


 

"Some people were born in a country already developed, it is their duty only to maintain it, improve it and enjoy it; but if you find yourself in a country that is struggling through development like ours, then it is your duty to ask God for wisdom and strength to kick start it development yourself and help those after you to do the same."                                                                                                                                                                               By Peter Kyei

                          (Ghana Development Bank Campaigner) 

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