Jordan to host Global Policy Forum in September

(Photo: AFI Global Policy Forum Facebook)
AMMAN — Jordan will host the 2022 AFI Global Policy Forum (GPF), an annual financial inclusion conference, from September 5–9 on the shores of the Dead Sea after a two-year hiatus caused by the COVID-19 pandemic, according to the Jordan News Agency, Petra.اضافة اعلان

The GPF will be held under the patronage of His Majesty King Abdullah, with the theme “Moving Forward Together: Towards a Resistant, Inclusive, and Sustainable Future”.

Choosing the Kingdom as the venue for this year’s forum underlines the Alliance for Financial Inclusion’s (AFI) recognition of Jordan’s role in and effective efforts toward promoting financial inclusion, according to Governor of the Central Bank of Jordan (CBJ) Adel Al-Sharkas.

He told Petra on Sunday that the forum provides an opportunity to highlight Jordan’s financial and banking sector’s excellence on the regional and global levels, as well as the Kingdom’s efforts to achieve sustainable economic growth and improve economic and financial stability through financial inclusion policies and strategies.

Sharkas noted that the GPF is the world’s most important annual financial inclusion event, bringing together government officials, representatives from more than 100 international regulatory agencies, and central banks from 90 AFI member countries.

Heads of international companies and organizations, financial and banking experts, and technicians will also participate in the forum to discuss financial inclusion initiatives and policies and to share their experiences and knowledge.

He explained that the four-day forum will highlight Jordan’s progress in promoting financial inclusion, noting that the Kingdom has increased financial inclusion from 33.1 to 43.1 percent, as measured by account ownership, and the reduced gender gap from 53 to 22 percent.

According to the CBJ governor, the GPF is an opportunity to present Jordan as an investment magnet and to establish partnerships with various international institutions to develop financial and banking products for all segments of society.

The CBJ will launch the 2023–2025 Financial Inclusion Strategy under the theme “Responsible and Sustainable Access to and Use of Financial Services and Products for Different Groups of Society” by the end of this year, Sharkas revealed.

The GPF will explore the role that financial inclusion plays in mitigating the impact of the pandemic on the underserved and vulnerable populations to ensure that recovery is fully inclusive, green, and sustainable.

The AFI is a leading global network of financial inclusion initiatives and policies, founded in 2008 and headquartered in Kuala Lumpur, Malaysia.

Its mission is to assist policymakers around the world in formulating inclusive and sustainable financial plans for greater inclusion and access to underserved groups.

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