The Central Bank of Iraq has launched Iraq’s first National Financial Inclusion Strategy for 2025–2029, setting an integrated framework to broaden access for individuals and companies to appropriate and safe financial services while protecting users’ rights. The strategy was developed with international partners in line with international best practices, including the World Bank Group, the Arab Monetary Fund, the World Financial Inclusion Consortium and the German Agency for Development Cooperation (GIZ), alongside local public-sector partners. Priority areas include increasing the percentage of bank account ownership, strengthening consumer protection in dealings with the financial sector, expanding use of electronic payment methods, and developing the infrastructure and regulations needed to support financial inclusion.
Central Bank of Iraq 2025-05-25
Central Bank of Iraq launches first National Financial Inclusion Strategy for 2025 to 2029
The Central Bank of Iraq has launched the country's first National Financial Inclusion Strategy for 2025–2029, aiming to expand access to safe financial services and enhance consumer protection. Developed with international and local partners, the strategy prioritizes increasing bank account ownership, electronic payment usage, and infrastructure development.