Central Banking

Bank of Tanzania launches financial inclusion framework

Bank of Tanzania
The Bank of Tanzania

Tanzania last week launched a national financial inclusion framework to focus on priorities such as payment platforms, infrastructure and consumer protection, with an overall goal of giving 50% of the country's population access to formal financial services by 2016.

The framework, launched by Bank of Tanzania (BoT) governor Benno Ndulu at a ceremony with Queen Máxima of the Netherlands, in her role as UN special advocate of inclusive finance for development, follows the country's entry into the

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