CBI Launches the First National Financial Inclusion Strategy
May 25, 2025
CBI has launched the first National Financial Inclusion Strategy for 2025-2029.The strategy includes an integrated framework for financial inclusion aimed at enabling all individuals and businesses to access the financial sector and use appropriate and safe financial services, while protecting their rights, thus contributing to economic and social development.In his speech, His Excellency the Governor of CBI, Mr. Ali Mohsen Al-Alaq, emphasized that CBI places great importance on promoting financial inclusion in Iraq, as well as cooperating at the regional, Arab, and international levels. The Central Bank of Iraq has worked with international partners to develop a financial inclusion strategy in accordance with international best practices, in partnership with the World Bank Group, the Arab Monetary Fund, the Global Alliance for Financial Inclusion, and the German Agency for Development Cooperation (GIZ), as well as local partners from public and private bodies and agencies.The Bank is working to achieve a number of goals, including increasing the percentage of bank accounts, enhancing consumer protection for those dealing with the financial sector, using the latest electronic payment methods, and developing infrastructure and regulations to promote financial inclusion.Central Bank of IraqMedia OfficeMay 25, 2025Facebook Platform:Twitter Platform (X):Official Website:Complaints Platform:
