Prime News Ghana

Ghana’s economy would have collapsed without Gold for Oil programme – Bawumia

By Vincent Ashitey
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Mahamudu Bawumia, the New Patriotic Party (NPP) presidential candidate, has asserted that Ghana’s economy would have faced a collapse if not for the implementation of the Gold for Oil Program.

Speaking at a recent media engagement, Bawumia emphasized the critical role the program has played in stabilizing the nation’s economy, attributing its success to the NPP’s proactive measures.

“Without this intervention, our economy would have collapse,” he stated.

Bawumia also revealed plans to introduce a credit scoring system before the end of 2024, as part of the NPP’s broader strategy to enhance financial inclusion and credit accessibility across the country.


“This system will empower more Ghanaians to access credit and improve their economic conditions,” he said, noting that all necessary materials for its implementation are already in place.

This initiative, highlighted in the NPP’s 2024 manifesto, forms a crucial component of their campaign, which was unveiled in Takoradi on August 18.