Transcription of DIGITAL FINANCIAL SERVICES POLICY
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DIGITAL FINANCIAL SERVICES POLICY
GOVERNMENT OF GHANAMINISTRY OF FINANCEDIGITAL FINANCIAL SERVICES POLICYF ront Cover Photo Credits: Fairphone, 2014 ; John O Bryan, 2015 and Erik (HASH) Hersman, 2008 Back Cover Photo Credit: John O Bryan, 2015 Government of Ghana Ministry of FinanceDigital FINANCIAL SERVICES Policy1 Photo Credit: John O Bryan, 2015 Globalization and digitization are two major trends that will shape the future of nations. Despite the many challenges associated with adapting to increasingly globalized markets and rapidly changing technologies, Ghana is well-positioned to take advantage of these two trends as it strives to create a vibrant economy that benefits all Ghanaians. The Government of Ghana has identified FINANCIAL inclusion as a key pillar of efforts to developing its DIGITAL economy. Recognizing the importance of access to relevant and affordable FINANCIAL SERVICES for all citizens, the Ministry of Finance led the development of the national FINANCIAL Inclusion and Development Strategy (NFIDS), which outlines Ghana s approach to, and specifies targets for improving FINANCIAL inclusion.
NPS – National Payments Strategy P2G– Person to Government PAYG – Pay as you go POS – Point of Sale ... National ID system and enable payments and other use cases though e-KYC 10 ... 5.4 Digitize pension contributions and distributions for the informal sector
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