Financial Inclusion in Niger: Challenges and Opportunities: Niger

February 27, 2023

Preview Citation

Format: Chicago

Yoro Diallo, Arsene Kaho, and Can Sever. Financial Inclusion in Niger: Challenges and Opportunities: Niger, (USA: International Monetary Fund, 2023) accessed November 21, 2024

Summary

Financial inclusion can increase economic growth and productivity and reduce poverty and inequality by helping people and firms—particularly SMEs—to save and invest, smooth consumption, and better manage financial risks. This paper highlights Niger’s lag compared to other WAEMU countries in terms of access to and use of formal financial services, including for women and youth, and underscores key demand and supply side challenges to financial inclusion as well as structural impediments. It lays out key priorities for Niger to harness the potential of greater financial inclusion to support the country’s development agenda, including efforts to tackle low financial literacy, promote digitization, and address informality.

Subject: Digital currencies, Digital financial services, Financial inclusion, Financial markets, Financial services, International organization, Monetary policy, Population and demographics, Technology

Keywords: BCEAO MFI, Development agenda, Digital currencies, Digital financial services, Financial Inclusion, Financial Institutions, Global, IMF staff calculation, MFI sector NPL ratio, Niger, Niger banking sector, Niger's lag

Publication Details

Pages:

17
Volume:

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DOI:

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Issue:

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Series:

Selected Issues Paper No. 2023/007
Stock No:

SIPEA2023007
ISBN:

9798400235726
ISSN:

2958-7875

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