Catholic Archdiocese Of Kumasi Launches Pool Fund

The Catholic Archdiocese of Kumasi, has launched a novelty pool fund as a measure to shore up the financial base of the archdiocese to support evangelisation and developmental activities.

Known as the Catholic Archdiocese of Kumasi Pool Fund (Cakp-Fund), it aims at mobilising and accumulating capital from the 69 parishes of the archdiocese, to invest in high yielding financial portfolios to support evangelisation, priest's pension scheme, education, health, the religious, social intervention, developmental projects and other cares that might become necessary.

Most Reverend Gabriel Justice Yaw Anokye, Metropolitan Archbishop, speaking at the ceremony said the purpose of the fund was to galvanise the energies and resources of both members and non members to support the numerous developmental and social intervention activities of the church.

He said the time has come for the church to look within itself and mobilise solid financial base to deepen and rekindle evangelism, improve health care delivery, increase the capacities of priest and other church workers, improve upon the operations and management of existing projects and initiate new ones.

Most Rev Anokye said these initiatives would enhance the work of the church to win more souls for Christ and improve the living conditions of members and the society.