Important Update – 2024 National Budget Makes Provision for SDIs (December 5, 2023)

March 20, 2024

December 5, 2023 – Accra: IGS Financial Services Limited (IGS), is pleased to inform its valued clients and
stakeholders about the recent announcement by the government regarding the allocation of GHS4 billion to
support National Investment Bank (NIB) and specialised deposit-taking institutions (SDI) in the financial sector.
The Minister of Finance in his presentation of the 2024 Budget, stated that β€œto address National Investment Bank
(NIB), distressed SDIs, and other legacy challenges in the financial sector, a provision of GHS4 billion has been
made in the 2024 Budget.

For more: Important Update – 2024 Budget Provision for SDIs

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