Iraq participates in the forum of the Amman Financial inclusion

[Admin]

17/10/2016 0:00

BAGHDAD / morning
Iraq participates in the work of financial inclusion forum, which begins its work on Tuesday in the Jordanian capital Amman.

 He said the international expert d. Sadiq al-Shammari he would present his research, which deals with financial inclusion and to support small and medium enterprises and micro.

 He noted that the work of financial inclusion forum organized under the slogan "the strategic orientation of financial stability", organized by the Union of Arab Banks and the Central Bank of Jordan.

 And it will address the forum, which lasts for two days at the Inter Continental Hotel in Amman Hall by five sessions of several working papers presented by money and banking experts.

This means financial inclusion deliver the economic viability of banking products to all members of society through the expansion of lending to small and medium-sized enterprises and micro in a bid to fight poverty around the world.

He said the axes Forum included the importance of financial inclusion in the economic development, the importance of financial inclusion in promoting financial and social stability, 'the role of Islamic banks and institutions of economic empowerment in the mainstream financial services' and the role of central banks and associations of banks in promoting financial literacy and consumer protection' financial inclusion and to support small and medium enterprises and micro.

As well as financial inclusion in the fight against money laundering and the reduction of financing terrorism.

Shammari pointed out that financial inclusion began to adopt in most countries of the world to achieve economic feasibility and taking away many groups in society to live below the poverty line, switching categories bad into the hands of working Mentjh.ocd that the central bank for domestic banks allocations, estimated Petrleon and a half dinars come to expand the lending area and to achieve the renaissance of the productivity of the largest number of citizens of these loans and coverage, pointing out that the international experiences in this field has achieved positive results and the transfer of the economies of the deterioration of the case to a gradual recovery phase.



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