Bank of Ghana has won the Financial Inclusion Institutional Leadership Award 2023 of the Alliance for Financial Inclusion (AFI). The award which was given at the just-ended EFI2023
Global Policy Forum (GPF) held in Manila Philippines from 12 to 15 September 2023
and hosted by the Central Bank of the Philippines was in recognition of the Bank’s
pioneering role in promoting financial inclusion and intellectual contributions
to AFI Knowledge Products and Policy Guidelines.
Through the bank's
representation on all seven Working Groups (WGs) of AFI three of which it
chairs, it contributes significantly to peer reviews of member jurisdictions'
policy and regulatory frameworks. It helps to shape enabling policy and
regulations of various pillars of financial inclusion.
The bank has also hosted
a number of EFI learning exchange programs where it has provided training for
members of the EFI network. The award was received in Manila Philippines on 15th
September 2023 on behalf of the Bank by the Second Deputy Governor, Mrs. Elsie
Addo Awadzi who also chairs AFI’s Gender Inclusive Finance Committee.
The Alliance for Financial Inclusion is a policy leader is a policy leadership Alliance owned
and led by member central banks and financial regulatory institutions with the
common objective of advancing financial inclusion at country, regional and
international levels. Its eighty-five
(85) member institutions come from over eighty (80) emerging and
developing countries.
The GPF is an annual
flagship event of an AFI, organized to share experiences of financial
inclusion implementations of member countries, assess the impact of financial
inclusion policies, social-economic developments, and global financial
standards on financial inclusion, and
make new policy commitment to address observed
challenges.
The theme for the 2023
GPF was “Stability, Sustainability, and Inclusivity for Shared Prosperity” and
emphasized the importance of financial inclusion and sustainable development
for monetary and financial stability. The forum was attended by over 700
participants from member institution institutions global financial sector
standard-setting bodies and other policymakers.
By:
Nana Appiah Acquaye
