Central Bank of Comoros publishes national financial inclusion strategy targeting 75 percent inclusion by 2030

The Central Bank of Comoros has published the National Financial Inclusion Strategy 2025-2030, the country’s first national framework to expand access to, use of and quality of financial services. The strategy targets 75 percent financial inclusion, 70 percent broad banking penetration, 30 percent strict banking penetration and 75 percent mobile money usage by 2030, positioning digital finance, consumer protection and regulatory reform as the main levers for broadening formal financial access. The plan is built around four strategic pillars: better matching financial products to household and business needs, developing digital infrastructure and financial services, strengthening financial education and consumer protection, and reinforcing the regulatory and identification framework. It responds to structural weaknesses identified in the accompanying diagnosis, including broad banking penetration of 39.23 percent in 2024, strict banking penetration of 15.67 percent, only 3.6 access points per 10,000 inhabitants, heavy reliance on cash, uneven geographic coverage and limited financing for productive sectors. Priority actions include expanding agent banking, advancing interoperability through a national payments switch, increasing the use of digital payments, improving data and credit information systems, and creating more tailored products for women, young people, rural populations, informal workers and small businesses. Implementation will be coordinated by the Central Bank of Comoros through a dedicated governance structure comprising the National Financial Inclusion Council chaired by the governor, a steering committee and thematic working groups. The strategy sets out a five-year roadmap with short-, medium- and long-term actions, supported by a monitoring and evaluation framework based on performance indicators and periodic reporting.