Financial inclusion and economic empowerment


world is concerned today with the adequacy and diversity of data sources for the purpose of measuring the quality of the official financial services provided to different segments of society and access to the most geographical point possible and the possibilities of obtaining access to Official financial services for the population from one country to another.

After the emergence of the global financial crisis in 2007, the interest of countries increased the financial coverage of the implementation of policies through which all groups of society are included in the official financial products and their diversity.

There is no system or model of financial coverage that can be universally applied.

The countries are now seeking to develop a national strategy for financial coverage in accordance with their own plan and issuing legislation that suits the risks related to financial services.

The countries of the world are keen to provide financial services to all individuals for current accounts and payment and transfer services in official ways supervised by the state to ensure quality and safety at low prices.

Ensure the rights of individuals and their money and find appropriate ways to manage them and
establish a safe environment to encourage investment operations and the construction of technical systems and technical electronic for easy access to accounts and speed of delivery and
legal ways .

Individuals need financial awareness and education in terms of financial inclusion and the definition of financial services to achieve the maximum possible use and the work of studies and research to examine the need of each community and its type of financial services and provide them in the best ways.

The Council of Governors of central banks and Arab monetary institutions on April 27 of each year Arab day of inclusiveness Financial institutions to encourage private initiatives of banks and open free accounts for individuals and coordination between banks and community groups such as schools, universities and remote areas and villages to increase the awareness of individuals on the importance of electronic financial services and

benefit from them.

Globally, 69 percent of the population, or about 3.8 billion people, currently have accounts with banks or mobile phone companies.

There is still variation, with some countries rising and falling in other countries because of the wide disparity between women and men and between the poor and the rich.

An adult who does not have bank accounts in the world, despite the possession of a large number of them mobile phone. In Iraq there is a great interest in financial comprehension and awareness of the dimensions of its impact on society and economic development represented by the Central Bank of Iraq to allocate a week to celebrate and the definition of the term and importance of growth

And to provide all banks with the opportunity to advertise and promote their financial services to all individuals for the purpose of competition and to provide the best and create financial awareness among the citizens for the purpose of improving their livelihood and ensure the integrity of financial systems, stability, integrity and consumer protection to promote development

Economic development.