الهيئة العامة للرقابة المالية

• A joint coordination meeting to deepen integration and bolster financial awareness, literacy, and inclusion.

In a move reflecting the integration of Egypt’s fiscal and monetary policies alongside regulatory measures, Financial Regulatory Authority (FRA) held a coordination meeting with the Central Bank of Egypt (CBE). The meeting aimed to discuss mechanisms for cooperation to increase financial inclusion, expand the beneficiary base, and develop plans to raise financial literacy and awareness, while supporting small enterprises and promoting women’s economic empowerment.

The meeting addressed how citizens can benefit from both banking and non-banking financial services. Discussions focused on supporting small and micro-enterprises through financing tools that ensure the sustainability of these projects, as they serve as a fundamental pillar for economic growth.

The meeting also touched upon the financial inclusion file, aiming to integrate unbanked segments into the formal financial system. This ensures that financial services reach their intended beneficiaries efficiently.

 Women empowerment and female entrepreneurs featured prominently in the discussions. The goal is to facilitate women’s access to financing sources and provide the necessary technical support to launch and scale their businesses.

Additionally, the parties discussed financial awareness and literacy by intensifying efforts to educate citizens on their financial rights and instilling a culture of saving and safe investment.

FRA and CBE representatives emphasized that this coordination aims to boost financial inclusion rates and expand the beneficiary base through data exchange. This cooperation protects the rights of market participants, mitigates financial risks, and contributes to achieving Egypt’s vision of a digital and inclusive economy.