22
Oct
The National Development Bank is now set to take from January next year, Finance Minister, Ken Ofori-Atta has disclosed. According to him, government has now been able to raise the required seed capital for the financial institution to fully begin operations. He had earlier said in the 2020 Budget that government had secured $250 million from the World Bank as initial capital to kick-start operations. Revealing this at the Ghana Employers’ Association meeting in Accra, Mr. Ofori-Atta maintained that government is fully committed to assisting businesses, post easing of covid-19 restrictions. “The establishment of a national development bank under the…