The Arab Monetary Fund (AMF) Organizes the 27th meeting of the Financial Inclusion Task Force (FITF) to Promote Financial Inclusion in Arab Countries

  • The Arab Monetary Fund (AMF) Organizes the 27th meeting of the Financial Inclusion Task Force (FITF) to Promote Financial Inclusion in Arab Countries

The Arab Monetary Fund (AMF) hosts the 27th meeting of the Financial Inclusion Task Force (FITF) to promote financial inclusion, scheduled for October 30 and 31, 2024. This 2-day event brings together key stakeholders to discuss various pressing topics, including the role of central banks and payment service providers in advancing financial inclusion, improving cross-border remittance services through digital solutions, and implementing financial consumer protection measures to ensure financial system stability.

The meeting discusses policies and programs aimed at enhancing financial inclusion for youth, women, and underserved regions, and emphasizes the importance of digitizing government payments to increase access to financial services. Participants will review financial inclusion indicators in the Arab region and outline plans for the 2025 Arab Financial Inclusion Day.

H.E. Dr. Fahad M. Alturki, Director General Chairman of the Board of the Arab Monetary Fund, highlighted the significance of this meeting as an essential opportunity to enhance coordination among Arab countries in matters of financial inclusion.