Sherif Lokman, Sub Governor of the Central Bank of Egypt (CBE) for Financial Inclusion, said that Egypt has made significant progress in enhancing financial inclusion, thanks to the cooperation between CBE and various local and international partners. He said that the rate of financial inclusion in Egypt has increased remarkably in the past seven years. This means that the growth rate of financial inclusion from June 2016 to June 2023 was 160.8%. Lokman also said that CBE considers financial education a top priority, as it plays a major role as a regulator and promoter of financial inclusion. He also noted that one of the main objectives of financial inclusion is to enhance the financial literacy of the population.
