Monday
September 24
2018

Ghana Receives Support to Strengthen its Financial Sector and Promote Inclusion

The World Bank today approved a $30 million International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability and improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers.

“This project will support Government’s plan to undertake reforms to deepen financial markets, promote inclusion, enhance the supervision and regulation of specialized deposit-taking financial institutions in line with Ghana’s National Financial Inclusion and Development Strategy,” said Henry K.G. Kerali, World Bank Country Director for Ghana.

Photo courtesy of AMISOM Public Information.

Source: Modern Ghana (link opens in a new window)

Tags
financial inclusion, financial services, global development, unbanked, World Bank