Palestine launches financial inclusion strategy

PMA hopes to push inclusion rate up to at least 50% by 2025

azzam-shawwa
PMA governor Azzam Shawwa

The Palestine Monetary Authority (PMA) and the country’s capital markets authority jointly unveiled a new financial inclusion strategy on December 2.

At a launch event, the leaders of the two institutions said the project aimed to boost the financial inclusion rate for adults from 36.4% to “at least” 50% by the end of 2025. The strategy will seek to broaden access to financial services at “reasonable cost and time”, and improve financial decision-making among the public.

PMA governor Azzam

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