To
strengthen
the
Financial
Sector
the
government
is
undertaking
the
following
measures
under
the
ongoing
Economic
Management
Capacity
Building:
•
Automation
of
trading
on
the
Ghana
Stock
Exchange
as
part
of
measures
to
deepen
the
capital
market.
•
Develop
an
appropriate
regulatory
framework
for
the
facilitation
and
regulation
of
over
the
counter
or
unlisted
securities
market
to
make
the
capital
market
accessible
for
SMEs.
•
Completed
feasibility
studies
for
the
establishment
of
a
Commodities
Exchange.
•
Promulgation
into
law
of
the
Municipal
Finance
Authority
Bill,
and
the
Bills
and
Cheques
Bill
•
Lenders
and
Borrowers
Bill
and
Non-‐Banking
Financial
Institutions
Bill
have
been
passed
by
Parliament
and
awaiting
Presidential
Assent
Almost
all
these
policy
measures
are
at
various
stages
of
implementation.
The
First
Annual
Financial
Literacy
Week
was
also
organized
to
enhance
customer
understanding
and
awareness
of
the
range
of
financial
products
and
services
available
in
Ghana’s
financial
sector.
In
order
to
ensure
sound
financial
management,
the
Economic
Policy
Coordinating
Committee
met
regularly
to
reconcile
and
evaluate
revenue
and
expenditure
performances,
discussed
policy
issues
and
implementation
strategies.
Furthermore,
the
Payment
Tracking
Committee
also
held
weekly
meetings
to
identify
bottlenecks
in
the
government
payment
cycle
and
proposed
solutions
to
them.
The
Project
and
Financial
Analysis
Unit
of
MOFEP
is
also
developing
a
framework
for
the
public
to
collaborate
with
the
private
sector
to
design,
finance,
build
and
operate
public
facilities.
In
this
regards,
a
Bill
providing
legal
backing
for
the
establishment
of
the
Ghana
Investment
Corporation
(GIC)
has
been
drafted
and
a
panel
with
representatives
from
public
and
private
institutions
has
been
constituted
to
review
the
Bill.
The
corporation
will
facilitate
the
private
sector
to
participate
in
the
financing
of
infrastructure
in
energy,
roads
and
railway
and
water
sectors
as
well
as
exploring
the
possibility
of
investing
and
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