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ITU 150

National Implementation of the Financial Inclusion Global Initiative (FIGI) - Egypt

Project No 9GLO17088-04
Title National Implementation of the Financial Inclusion Global Initiative (FIGI) - Egypt
Description

The objective of this project is to strengthen Digital Financial Services (DFS) and Digital Financial Inclusion (DFI) to harness the potential of Information and Communication Technologies (ICTs) as a catalyst for the country’s development, leveraging ICTs and the potential of innovation and new technologies to promote DFS and DFI to the financially excluded, while promoting sustainability and working toward the goal of Universal Financial Access by 2020. In particular, the project will have the following components: Assessment of telecommunication/ICT ecosystem for DFS growth and DFI in Egypt; Research reports, advisory services and guidelines; and developing a roadmap for DFS/DFI in Egypt for a financial inclusion ICT enabling eco system in the Egyptian National Postal Authority (ENPA).

Area of Action Regulatory & Market Environment
Status Implemented
Time Frame From 10/7/2019 To 31/7/2021
Related ITU Webpages itu.int
Beneficiary Countries Egypt
Implementing Agency ITU
Cooperation Agency Ministry of Communications and Information Technology (MCIT)- Egypt
Financial Scale (CHF) 100'000 - 500'000
Achievements

Will be updated following the completion of the project.