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Global Policy Forum for Financial Inclusion to kick off in September 

By JT - Aug 07,2022 - Last updated at Aug 07,2022

At the end of 2022, the Central Bank in Jordan will launch the financial inclusion strategy (2023-2025), according to CBJ Governor Adel Sharkas (File photo)

AMMAN — Under the patronage of His Majesty King Abdullah, Jordan will host the Global Policy Forum for Financial Inclusion (GPF 2022) in September, the Jordan News Agency, Petra, reported.

The forum is organised by the Alliance for Financial Inclusion and the Central Bank in Jordan (CBJ), and will be held from September 5 through September 9. 

CBJ Governor Adel Sharkas said that the forum is a meeting point for elite representatives of government agencies, institutions and international financial companies to highlight the excellence of the Jordanian financial and banking sector at the regional and global levels.

The forum will also highlight the Kingdom’s continuous efforts to achieve and support sustainable economic growth and enhance economic and financial stability through financial inclusion policies.

Sharkas added that the forum is considered to be the most important annual global event in the field of financial inclusion and will be held over four days with high-level government representatives as well as representatives from more than 100 international regulatory institutions and central banks from 90 countries around the world.

The forum will also be attended by heads of international companies and organisations, experts and technicians in the financial, banking, and technical fields, among others, with the aim of discussing financial inclusion initiatives as well as exchanging expertise in this field.

He further stressed that the forum will showcase the most prominent Jordanian initiatives and innovations in the field of financial inclusion in light of the Kingdom’s “successful achievement” of the objectives of the National Strategy for Financial Inclusion (2018-2020).

Jordan has managed to raise the financial inclusion rate from 33.1 to 43.1 per cent, and reduced the gender gap from 53 to 22 per cent, according to the preliminary data of a survey carried out by the CBJ.

The Global Policy Forum is an opportunity to highlight the Kingdom’s investment environment by providing opportunities and forming partnerships with various international institutions, he added. 

At the end of 2022, the CBJ will launch the financial inclusion strategy (2023-2025) within the theme of responsible and sustainable use and access to financial services and products for the various segments of society.

The Financial Inclusion Alliance is a leading global network of financial inclusion initiatives and policies, which was established in 2008 and headquartered in Kuala Lumpur, Malaysia.

It aims to enable policy makers around the world to formulate comprehensive and sustainable financial policies to increase access to and use of high quality financial services by providing opportunities for learning among network members. 

 

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