• Financial inclusion strategy and data
Oct 4, 2016

The 2016 Alliance for Financial Inclusion (AFI) Global Policy Forum (GPF) concluded in Fiji on September 9th with the announcement that the Central Bank of Egypt will host the 9th annual GPF in September 2017.

The Central Bank of Egypt made its first Maya Declaration commitments on gender; consumer protection; SME finance and digital financial services. Moreover, the AFI Maya Declaration was a centerpiece of this year’s GPF as 16 AFI institutions presented new and revised commitments.

Gender and women’s financial inclusion also took center stage at the 2016 GPF, culminating in the adoption of the Denarau Action Plan: The AFI Network Commitment to Gender and Women’s Financial Inclusion.  The Action Plan will be overseen by the newly formed AFI Gender and Women’s Financial Inclusion Committee (GWFIC), which is chaired by Dr. Tukiya Kankasa-Mabula, Deputy Governor of the Bank of Zambia.  The Deputy Governor of the Central Bank of Egypt Mrs. Lobna Helal is a member of GWFIC.

The 2016 GPF was the largest and most comprehensive ever since the first one that was held in Nairobi, Kenya in 2009.  It brought together over 500 high-level financial sector policymakers, regulators and other stakeholders from 82 countries to explore the theme of “Building the Pillars of Sustainable Financial Inclusion”.  It is also the first GPF to be held since AFI became a fully independent international organization.

Next to the Central Bank of Egypt our highly valued partner, the Central Bank of Jordan was represented at the GPF in Fiji.

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By Mehrechane Nayel