The Ministry of Finance, in collaboration with industry stakeholders, will develop a 10-Year Insurance Master Plan (IMP) to transform the insurance industry into a growth catalyst and enhance resilience against systemic shocks.
This is part of the Ministry’s advanced key reforms to safeguard stability in the financial sector.
A National Microfinance Policy is also being finalised to strengthen regulation and expand financial inclusion, while the Ghana Deposit Protection (Amendment) Bill, 2025, laid before Parliament, will modernise depositor protection and align the scheme with global standards, Finance Minister, Dr Cassiel Ato Forson disclosed this in the 2026 Budget.
According to him, a new Securities Industry Bill will also be introduced to replace the 2016 Act and address regulatory gaps exposed by past crises.
The Minister also said Ghana in 2025 will undergo its third FATF/GIABA Mutual Evaluation, with the Financial Intelligence Center (FIC) leading implementation of the National AML/CFT Policy to improve compliance, supervision, and enforcement.
In 2025, the Financial Intelligence Centre (FIC) intensified Ghana’s anti-money laundering (AML) framework by training over 1,000 officers across banks, fintechs, and non-profits, while strengthening collaboration with the Ghana Revenue Authority on tax-related financial crimes.
In climate finance, the Minister said Ghana continued to advance its leadership in climate finance. The Ministry launched Phase II of the Ghana Green Finance Taxonomy (GGFT), Resetting for Growth, Jobs, and Economic Transformation 2026 Budget, expanding coverage to sustainable construction, water, and waste management.
This system ensures that investments are channelled into projects with genuine environmental benefits and shields the market from greenwashing. In 2026, Phase III will broaden coverage to manufacturing, mining, and adaptation-related sectors.
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