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AEC 2010 - African Development Bank Group's Financial Sector Strategy and Action Plan (FSSAP)

04-Nov-2010

This paper outlines the strategic directions of the African Development Bank Group in support of financial sector development in regional member countries (RMCs). The Financial Sector Strategy and Action Plan (FSS&AP) takes into account the experience of the Bank in the implementation of its Financial Sector Policy, adopted in 2003, emerging issues and lessons learned in financial sector development during the last decade and through the recent global economic crisis that originated in the financial sector. It also reflects guidance on the future directions of the Bank‟s financial sector work, notably by the ADF Deputies and through the Bank Group Medium Term Strategy as well as the recommendations of the independent High Level Panel (HLP) on „Investing in Africa‟s Future: The ADB in the 21st Century‟ of January 2008.

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