Title:
Consultancy Support for Development and Implementation of a Comprehensive Strategy for Financial Sector Reform and Development, Kenya
Consultancy Support for Development and Implementation of a Comprehensive Strategy for Financial Sector Reform and Development, Kenya
Start Date:
September 2010
September 2010
Completion Date:
December 2011
December 2011
Client(s):
World Bank
World Bank
Funder(s):
World Bank
World Bank
Location:
Kenya, Eastern Africa
Kenya, Eastern Africa
Key Contact:
Mateo Cabello
Mateo Cabello
Summary:
The objective of this project is to provide a comprehensive and flexible programme of support to the Ministry of Finance to support and build capacity to develop and manage the implementation of the Comprehensive Financial Sector Reform and Development Strategy. The OPM team will provide technical support to the Ministry of Finance in work across eight theme areas identified in the strategy paper, including reforms in the banking sector, the payment systems, financial-sector access, pensions, insurance, capital markets, other financial institutions, and further legal reform to support financial-sector development.
The support required from OPM will vary according to the level of development of work. Task forces/project teams already exist for the areas of pension reform, payments and legal reform to strengthen the financial sector. For other areas (including insurance, non-bank financial institutions and state banks) OPM will update and deepen the analysis contained in various strategy documents already conducted, under way or scheduled during the duration of this assignment. OPM will also provide support to Ministry of Finance in drafting and finalising the financial sector strategy paper.
The objective of this project is to provide a comprehensive and flexible programme of support to the Ministry of Finance to support and build capacity to develop and manage the implementation of the Comprehensive Financial Sector Reform and Development Strategy. The OPM team will provide technical support to the Ministry of Finance in work across eight theme areas identified in the strategy paper, including reforms in the banking sector, the payment systems, financial-sector access, pensions, insurance, capital markets, other financial institutions, and further legal reform to support financial-sector development.
The support required from OPM will vary according to the level of development of work. Task forces/project teams already exist for the areas of pension reform, payments and legal reform to strengthen the financial sector. For other areas (including insurance, non-bank financial institutions and state banks) OPM will update and deepen the analysis contained in various strategy documents already conducted, under way or scheduled during the duration of this assignment. OPM will also provide support to Ministry of Finance in drafting and finalising the financial sector strategy paper.