This study investigates the impact of financial inclusion, proxied by the number of bank branches, on human capital development for 12 Arab economies over the 2004-2019 period based on the pooled mean group (PMG) approach in the framework of dynamic panel data models.
The Arab Monetary Fund, a regional financial organization, joins the United Nations-Better Than Cash Alliance to accelerate financial inclusion in the region
The Arab Monetary Fund (AMF) will increase the use of responsible digital payments in its programs and operations to boost financial inclusion, transparency and efficiency. The AMF will continue to prioritize youth, women and small businesses in its efforts on payment digitization, helping advance the Sustainable Development Goals.
H.E. Dr. Abdulrahman A. Al Hamidy, Director General Chairman of the Board of the Arab Monetary Fund, said: “Making responsible payment digitization a reality across our member countries will help bring many more citizens, particularly youth, women and small businesses, in the financial system, in a way that serves their needs. By doing that, Arab nations will foster sustainable growth, create employment opportunities, reduce inequality and maintain financial stability”.