Speaking at Banco de Moçambique’s International Symposium on ‘Credibility of Central Banks and Monetary Policy’ in Maputo, AFI CEO Dr Alfred Hannig has highlighted how monetary policy and financial inclusion combine to support economic growth, stability, and financial wellbeing. 

“The worlds of monetary policy and financial inclusion are closely interconnected and reinforcing,” said Dr Hannig. “Price stability supports financial inclusion, while financial inclusion enhances the efficiency of monetary policy transmission mechanisms. By fostering an innovative, competitive and inclusive financial ecosystem, central banks can ensure that the benefits of both financial inclusion and monetary stability are felt across all segments of society.” 

The symposium, attended by central bank governors and representatives from national and international financial institutions, was held to celebrate the 50th Anniversary of the founding of Banco de Moçambique, and the 45th Anniversary of the Metical, Mozambique’s national currency. 

You can read Dr Hannig’s speech here.