By BUUMBA CHIMBULUZAMBIA is on course to achieve the 80 percent medium term target of financial inclusion by next year following several reforms which have been carried out in the financial industry.The national financial inclusion in Zambia currently stands at 69.4 percent.Several reforms have been carried out in the past two decades to enhance the performance of the financial sector, says Ministry of Finance Permanent Secretary for Economic Management and Finance, Mukuli Chikuba.Mr Chikuba explained that some of the reforms included the current electronic transaction and communications bill which would enable citizens to transaction using an electronic signature.He said other reforms were Financial Sector Development Plans, Rural Finance Policy and Strategy, and the National Strategy on Financial Education I for Zambia.Mr Chikuba said this at a media training workshop organised by the Financial Sector Deepening Zambia (FSD Zambia).“With the strides made so far, Zambia is on course to achieve its 80 percent medium term target […]
ZAMBIA’S 80P.C. FINANCIAL INCLUSION TARGET IN SIGHT
