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Ghana Financial Sector Development Project (MOF FSD-CS-045)

Assignment Title: Ghana Financial Sector Development Project

The Government of Ghana has received financing from the World Bank toward the cost of the Ghana Financial Sector Development Project, and intends to apply part of the proceeds for consulting services.

The Financial Sector Division (FSD) of the Ministry of Finance (MoF) is mandated to provide policy-based and strategic analysis on Ghana’s financial sector and oversee the implementation of strategies to strengthen financial intermediation in Ghana. Its mission is to formulate, advise, and coordinate the efforts of regulators and other relevant stakeholders towards deepening financial markets, promoting financial inclusion, and enhancing the supervision and regulation of the financial institutions. The FSD led the development of the National Financial Inclusion Development Strategy (NFIDS) and acts as the NFIDS Secretariat during implementation. In addition, FSD is to be the principal implementing agency for the Financial Sector Development Project.


The assignment is to engage the services of an Individual Consultant to provide technical assistance for the conceptualization, technical design, and development of a semi-annual Financial Inclusion report. The consultant will lead the drafting and publishing of the inaugural report and build the capacity of FSD staff to write and publish subsequent reports, with limited support from the consultant.

The detailed Terms of Reference (TOR) for the assignment can be found at the following website:

The Ministry of Finance now invites eligible Individual Consultants (“Consultants”) to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have the required qualifications and relevant experience to perform the Services by submitting the most current CV

The shortlisting criteria will include:

  • Advanced degree in Economics, Finance with proven record in financial and economic analysis.
  • A minimum of eight years of relevant professional experience in the conceptualization, drafting, and publication of analytical reports;
  • Advanced knowledge of word-processing/MS-suite, desktop publishing, and graphics software packages etc.). 
  • Knowledge of the Ghana`s financial sector and its role in sustainable development as well as Financial Inclusion
  • Excellent writing skills and verbal communications, with strong attention to detail. Familiarity with major style guides is a plus.
  • Demonstrated experience working with a variety of stakeholders, including Financial Sector players, policymakers and regulators, and academics
  • Demonstrated ability to take initiative and work independently with limited supervision
  • Experience of working in a multicultural team

The attention of interested Consultants is drawn to Section III, paragraphs, 3.14, 3.16, and 3.17 of the World Bank’s “Procurement Regulations for IPF Borrowers” July 2016 revised November 2017 and August 2018.  Setting forth the World Bank’s policy on conflict of interest. 

A Consultant will be selected in accordance with Individual Selection Method set out in the Procurement Regulations.  Expressions of interest which must bear the title Technical Assistance for the Conceptualization, Technical Design, and Development of a Semi-annual Financial Inclusion Report and must be delivered in a written form to the address below (in person or by mail, or by e-mail) by 5:00pm GMT on March 25, 2022.

Further information can be obtained at the address below during office hours from 8:30 am to 4:30 pm, local time or through

Address – For Submission of Expressions of Interest: 

Ministry of Finance,

28th February Road,

Finance Drive,           

P.O. Box MB 40


New Block, Room 114

Attention: Procurement Expert, 

Financial Sector Development Project (FSDP)

Telephone Number +233(0)240-956-958   

Online submission:


For further enquiries you may also contact the Project Coordinator and the Procurement Specialist under mentioned Email Addresses:

In the wake of the COVID-19 pandemic and as part of measures to ensure the safety of all our stakeholders,
you are kindly directed to e-mail your correspondence to the address below: