Afghanistan launches National Financial Inclusion Strategy
Afghanistan’s central bank, Da Afghanistan Bank in conjunction with the World Bank has launched the Afghanistan National Financial Inclusion Strategy. The strategy, which was developed over the last 18 months aims to enhance access to finance in critical areas of the Afghan economy. It will promote formal financial services such as digital payments for households and the private sector. At the same time, Da Afghanistan Bank Acting Governor Wahid Nosher announced the conclusion of the National Risk Assessment for Money Laundering and Terrorism Financing. The assessment was conducted on recommendations from the International Monetary Fund (IMF) and the Financial Action Task Force with the objective of supporting Afghanistan’s efforts to mitigate risks of diversion of financial resources from money laundering and terrorist financing.