Women in 57 districts to benefit from loan facility

Kumasi, Aug 26, GNA – Women in 57 districts would benefit from a $14.63 million credit facility to expand their economic activities.

The African Development Bank (AfDB) is providing US$12.93 million of the funds with the remaining US$1.7 million coming from the government.

Mr Foster Boateng, Project Manager of the Gender Responsive Skills and Community Development, said the money would be accessed through the rural banks and micro-finance companies.

He said the package is expected to benefit about four million women.

He was speaking at a two-day dissemination workshop held by the Ministry of Women and Children Affairs (MOWAC) on its’ monitoring and evaluation plan at the Miklin Hotel in Kumasi.

It is being attended by heads of departments, directorate and units and regional directors of the departments.

The goal is to help them to effectively monitor the sector’s medium term development plan.

Mr Boateng said everything would be done to empower women economically.

Mr Geoshan Kumur, Chief Director of MOWAC, said there was the increasing need to strengthen and institutionalize a monitoring and evaluation system in its development agenda.

This, he said, would ensure improved services through informed decision-making.

“The recognition that resources are limited and the ever-rising expectations from citizens for better services are enough reasons to find more cost effective ways of operating so that government can do more with less.”

Mr Kumur said MOWAC’s monitoring and evaluation plan provides uniform approach for results-based programmes and projects.

It is primarily meant to institute an effective and efficient system for tracking the progress of programmes and projects in the sector.

Source: GhanaWeb

You may like

Kennedy Agyapong has had his fine reduced to $500

Blow to Anas Aremeyaw: Kennedy Agyapong dodges $18m bullet, court slashes damages to $500

Peter Turkson

Ghana’s Peter Turkson among key contenders as Vatican eyes next pope

Chop bar

Foreign aid fails Ghana’s chop bar workers, new findings reveal

Qatar opens Quran centre in Accra

Qatar-funded Al-Mustafa Mosque opens in Accra as new centre for worship and Quranic studies

Ghana military leaders in Zimbabwe

Ghana military delegation tours Zimbabwe’s model waste facility

Ghana's economy is recovering

Ghana’s inflation eases again as stronger cedi boosts economic recovery

Public notice
WP Radio
WP Radio
OFFLINE LIVE