Conference on financial inclusion and employment in Arab region opens today

AMMAN — The Arab Monetary Fund, the Central Bank of Jordan and the GIZ announced in a press satement on Monday that a conference on financial inclusion and employment in  Arab countries will be launched today.

The conference is in partnership with the European Union, the Alliance for Financial Inclusion, and the Consultative Group to Assist the Poor.

"The conference will discuss a number of topics and themes related to the importance of financial inclusion for the region in job creation through the identification of the role of national strategies in financial inclusion, the policies and requirements to support access to finance for small and medium enterprises, as well to the need for the development of innovative financial services," the statement indicated.

Specific panels will tackle issues related to the new financing instruments and channels, non-financial services for small and medium-size enterprises (SMEs), digital finance for SMEs alternative risk management, gender finance; secured lending,credit registries and credit guarantee schemes.

A training workshopwill be organised on Wednesday to reinforce the capacity building of the participants from Arab central banks in the development and implementation of national strategies for financial inclusion, and the identification of the necessary steps to do so.