#Africa Fact sheet: Eight Years of Progress on Financial Inclusion

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Access to safe and affordable financial services enables individuals and  families to transfer money and make payments; save to manage income volatility; achieve specific goals; build long-term financial security; use credit to take advantage of opportunities like starting a business; and insure themselves against life’s many risks.  Progress on financial inclusion has helped stimulate broad-based economic growth in both developed and developing economies and is critical to reaching the Sustainable Development Goals adopted by the international community in 2015. 

This Administration, led by the U.S.

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