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Experts to hold meeting on financial sector integration
Accra, March 25, Ghanadot/GNA - A
cross-section of experts from across the banking sector,
insurance and stock markets in the West Africa sub-region
will hold a two-day meeting in Accra this week to present a
coordinated roadmap for increasing the competitiveness of
the financial sector in the sub-region.
The workshop scheduled for March 28-29, is a follow-up to
the one held in November last year and it will attract
officials of trade, industry and finance ministries and
central banks.
A statement from the organizers - the Ghana Association of
Bankers and West African Bankers Association, Nigerian
branch - said the meeting would also review regional,
national, government, donor and private sector initiatives
and establish priorities for recommendations made during the
first session.
During the first meeting, most participants were of the view
that a first step to rapid integration of the financial
sector was for the governments to bury their sentiments
about sovereignty and act for the collective good of the
citizens in the sub-region.
An action plan developed during the first workshop sought
ways to remove hurdles, broaden the range of financial
instruments and promote the harmonization of the financial
sector within the sub-region.
The project is supported by the African, Caribbean and
Pacific (ACP) Business Climate Facility (BizClim), an ACP-EU
joint initiative funded by the European Development Fund.
GNA
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