MDC Details

Development of an Inclusive Green Finance Policy

Central Bank of Eswatini

Facilitate the increased usage of Digital Financial Services and products.

Central Bank of Liberia

Improve the Legal/Regulatory Framework and Institutional Capacity of the financial sector

Central Bank of Liberia

Professionalize the Non-bank Financial Institutions Sector (NBFI) by: a) Issuing a revised NBFI Regulatory Framework, b) Ensuring timely and accurate reporting of NBFIs to the CBL; c) Building the operational capacity of NBFIS through the provision of training, infrastructural support (software) etc.

Central Bank of Liberia

Increase the adult population (15+) that have access to formal financial services to 50%;

Central Bank of Liberia

Establish and implement a framework to inform the provision of interest to mobile money trust accounts.

Ministry of Finance - Eswatini

Commitment: Reduce cash usage of the Surinamese Dollar (SRD) by 30% in 2 years by promoting digital payments/ transactions. Objectives: - Improve the ease of conducting card/digital transactions for an individual; - Reduce the risks and costs of handling cash at the individual level; - Reduce costs of managing cash in the economy. Step-by-step plan to promote digital payments: 1. Measuring current transaction volume of the SRD, current amount of money in circulation/ cash flow, check the current total liquidity of banks and make an inventory of the current amount of deposits and withdrawals. Measure every 6 months to see if there is any progress; 2. Raise an awareness campaign to promote digital payments; 3. Adapt legislation and regulations to create digital payments options; 4. Digital product initiation; 5. Regulating external parties via regulatory sandbox; 6. Stimulating the use of the Innovation Hub, this must support market parties, who have questions regarding the laws and regulations concerning new financial products and services. Stakeholders: 1. Financial Institutions; 2. Telecommunication companies; 3. Business association; 4. The Parliament. 5. BNETS

Centrale Bank van Suriname

Conduct a financial inclusion baseline survey across the financial landscape in Suriname in order to improve the provision of financial services making them more accessible and appropriate to better serve the Surinamese community.

Centrale Bank van Suriname

Develop USSD feature on Agent Registry to enhance consumer participation by 2022

Bank of Ghana

Enhance consumer protection and redress systems by 2022.

Bank of Ghana