The development dialogue was on the theme “National Development Banks and Sustainable Financing in Ghana”. The panelists generally acknowledged that a well functioning national development bank (NDB) can play a role in filling major financing gaps. Government in May this year signed an agreement with the European Investment Bank (EIB) for €170 million for the establishment of Development Bank Ghana (DBG). Prof. Peter Quartey, Director of ISSER, in a presentation at the event stated that if the development bank is to succeed, it has to be devoid of political interference. The CEO of the Agricultural Development Bank (ADB), Dr. John Mensah, speaking as a panelist at the event, said the bank was excited about the new development bank.

Source: GhanaWeb September 02, 2021 12:56 UTC