Thu, 29 Sep 2016 09:24:11 +0000 THE Bank of Zambia (BoZ) in collaboration with the Ministry of Finance is developing a financial inclusion strategy which will help promote a more effective and efficient fiscal process in the country. BoZ senior analyst research and regulator policy Banji Milambo said the financial inclusion strategy would involve among other things financial education, building the necessary infrastructure and building capacity in Small and Medium Enterprises (SMEs) to be able to provide bankable documents that would convince the banks to lend money to them. Mr Milambo said the bank was committed to ensuring that all the segments of the society including the SMEs were financially included. He said in an interview at the on-going five days media economic and financial literacy training Lusaka organized b the Financial Sector Deepening Zambia (FSDZ) and the Zambia Institute of Policy Analysis and Research (ZIPAR). “Increased financial literacy levels result in increased consumption […]
