The Importance of financial inclusion in the Arab World
Financial inclusion is of utmost importance of policymakers across the Arab World as it stimulates economic growth, generates employment and fosters financial sector stability. Financial inclusion is also a central tool to empower women. Gender plays a particularly crucial role as women have only limited access to credit or insurance products, while there are also constraints for opening a savings account or face generally difficulties to make use of financial product.
The G7 Deauville Partnership launched the Action Plan for Financial Inclusion in the Middle East and North Africa in April 2015. Following up on this, the Central Bank of Jordan, the Arab Monetary Fund, and Deutsche Gesellschaft für Internationale Zusammenarbeit are pleased to announce the second edition of the high-level policy conference on financial inclusion dedicated to the topic “Advancing Women’s Financial Inclusion in the Arab World”