The FSAP includes two major components:
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a financial stability assessment, which is the responsibility of the IMF, and
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a financial development assessment, the responsibility of the World Bank.
Financial Sector Assessment Programme aims to:
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To gauge the stability and soundness of the financial sector.
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To assess its potential contribution to growth and development.
The Financial Sector Assessment Program (FSAP) is a comprehensive and in-depth analysis of a country’s financial sector.