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Tue, 23 Jul 2024 Feature Article

Get iPhone 15 and pay monthly is possible, Kingsley Owusu Brobbey agreed with Bawumia

Get iPhone 15 and pay monthly is possible, Kingsley Owusu Brobbey agreed with Bawumia

Vice President Dr. Mahamudu Bawumia has once again demonstrated his commitment to financial inclusion in Ghana by proposing a system that allows Ghanaians to purchase phones and pay for them in monthly installments, mirroring practices in the UK, USA, and various European nations. This approach aims to enhance accessibility to expensive devices by spreading the cost over time, aligning with global trends in financial inclusivity.

In developed economies, the method of acquiring a mobile phone through monthly payments is common, facilitated by credit score systems that evaluate creditworthiness and payment ability. These systems grant consumers access to smartphones without requiring upfront payment, fostering technological access.

Dr. Bawumia's proposal relies on establishing a credit scoring system in Ghana in collaboration with mobile network operators. This initiative presents Ghanaians with the opportunity to own smartphones through gradual payments, aligning the nation with global financial inclusivity norms.

His innovative thinking and focus on practical solutions highlight his dedication to economic growth and increasing public access to technology. By advocating for such programs, Dr. Bawumia aims to narrow the technological gap between Ghana and more advanced nations, empowering citizens economically.

The successful realization of this vision in Ghana necessitates the development of a robust credit scoring framework, partnerships with telecommunication providers, and governmental regulatory support. Dr. Bawumia's appeal for unified efforts underscores the significance of collective action and policy coherence in advancing financial inclusivity.

In conclusion, Dr. Bawumia's proposal to enable Ghanaians to purchase phones through monthly installments signifies a proactive stride towards enhancing accessibility and affordability in the digital age. By drawing comparisons with global best practices and highlighting the viability in Ghana, the Vice President accentuates the potential for transformative change in the nation's financial landscape. His introduction of the Ghana Card further supports this vision of widespread financial inclusion.

The realization of this vision stands to not only drive economic growth but also empower individuals with enhanced financial flexibility and technological connectivity. It takes a visionary leader to champion such forward-thinking initiatives, and Dr. Bawumia's commitment to impactful decisions underscores his leadership in propelling Ghana towards greater financial empowerment and inclusivity.

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Kingsley Owusu Brobbey
Kingsley Owusu Brobbey, © 2024

This Author has 3 publications here on modernghana.comColumn: Kingsley Owusu Brobbey

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Comments

Baba | 7/24/2024 5:28:48 AM

Is 1gh or 2gh possible?what do you people takes us for?

Does 2025 Budget inspire hope?

Started: 11-03-2025 | Ends: 01-06-2025

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