The World Bank Group
The World Bank has approved a $250 million IDA credit for Ghana's five-year Financial Stability Project to support the country's Financial Sector Strengthening Strategy (FSSS).
The project aims to recapitalize banks and specialized deposit-taking institutions (SDIs) affected by Ghana’s Domestic Debt Exchange Program (DDEP) through the Ghana Financial Sector Stability Fund (GFSF).
This initiative seeks to maintain financial stability, benefiting depositors and other financial consumers by ensuring access to essential financial services.
It also complements broader economic recovery efforts, including the IMF-Extended Credit Facility and other World Bank projects like the Ghana Development Financing Project.
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