Monrovia – The Central Bank of Liberia (CBL) will on November 18, 2016 formally launch the Financial Sector Development Implementation Plan (FSDIP) at the Monrovia City Hall.
The plan is being launched in collaboration with the World Bank and Financial Institutions Reform and Strengthening Trust (FIRST) Initiative.
The Vice President of Liberia, Joseph Boakai, is expected to deliver the keynote address and launch the plan.
Other speakers at the formal launch are the Executive Governor of the Central Bank of Liberia, Milton A. Weeks, Minister of Finance and Development Planning, Boima S. Kamara, Country Manager of the World Bank, Ms. Larisa Leshchenko, Resident Representative of the International Monetary Fund (IMF), Mr. Charles Amo-Yartey, Financial Sector Specialist of FIRST Initiative, Marlon Rawlins among others.
The Financial Sector Development Implementation Plan (FSDIP) provides a national prioritized, sequenced and time-bound roadmap for implementing reforms in the financial sector including the banking, insurance, credit information and payment systems, digital finance and pension funds.
The Plan also covers financial inclusion, enterprise access to finance, anti-money laundering/countering financing of terrorism, regulation and supervision amongst others.
The FSDIP is also an important component of the Agenda for Transformation (AfT) and Vision 2030 for Liberia.