Arab Monetary Fund marks Arab Financial Inclusion Day 2025 with a call to integrate people with disabilities and vulnerable groups into formal finance

The Arab Monetary Fund (AMF) published a message for Arab Financial Inclusion Day 2025, emphasizing that integrating people with disabilities and vulnerable groups into the formal financial system is central to sustainable economic development and social justice. The update highlights the role of enabling policies, awareness campaigns and digital technologies in widening access to financial services. The Council of Governors of Arab Central Banks and Monetary Institutions linked access to services such as bank accounts and loans to improved living standards, greater financial independence and lower poverty, while also citing benefits for financial innovation and economic stability. It noted a growing number of public- and private-sector initiatives across Arab countries, including supportive legislation and tailored financial products. The release cited international statistics indicating that less than 10% of people with disabilities in some developing countries have access to basic financial services, with 5% to 20% in low-income countries compared with 30% to 50% globally; in the Arab region, some countries have reached inclusion rates of up to 40% while others face significant challenges. The AMF, aligned with its new strategy, stated it is working with Arab central banks to address obstacles, develop innovative financial solutions and expand the use of modern technologies, while its Director General, Dr. Fahad M. Alturki, underscored the opportunity for inclusive growth and praised central bank and financial institution initiatives tied to the Day.