Financial Exclusion in Central African Republic
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Date
2022
Authors
Mokobongo, France Jésus Jackson Yoko
Mballa, Nerry Urbain Cyrille
Koyongozo, Alain Douath
Dacko, Georgette
Gonessa, Michael Emmanuel
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Abstract
Access to and use of financial services is critical to ensure the economic and social integration of citizens in today's society. It is also a necessity for employment, economic growth, poverty reduction, and social inclusion. This recognition explains the interest given by governments and international institutions to the issue of financial inclusion as the cornerstone of economic and social development and well-being. The goal of financial inclusion is to expand access to affordable banking and financial products and services for populations excluded from the traditional banking circuit (Osei-Assibey, 2009; Kabakova and Plaksenkov, 2018; and Demircguc-Kunt et al., 2018).