Afghanistan’s Central Bank Launches National Financial Inclusion Strategy

Afghanistan’s central bank launched the National Financial Inclusion Strategy of the country and announced the conclusion of the National Risk Assessment for Money Laundering and Terrorism Financing.

The Central Bank Acting Governor Wahid Nosher said at a press conference on Wednesday that the National Financial Inclusion Strategy is an important national document which focuses on four priorities.

He added that the strategy will first help individuals, micro, and medium-sized enterprises in key economic sectors, especially agriculture, access to funding and financing services which need to drive Afghanistan’s growth.

“The strategy aims to increase access to finance in critical areas of the Afghan economy and promote formal financial services for households and the private sector, including digital payments and services,” he said.

Meanwhile, World Bank Acting Country Director for Afghanistan Homa-Zahra Fotouhi said that achieving an inclusive financial system where all Afghan citizens and businesses have access to finance is key to boosting economic growth and reducing poverty across Afghanistan.

“The National Financial Inclusion Strategy is a major step forward to achieve that goal, and the World Bank will continue working closely with Central Bank to support its implementation,” she added.

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