EU-Jordan: Celebrating 9 Years of Successful Cooperation for Microfinance and Financial Inclusion

EU Jordan
EU Jordan
Copyright: ©European Union

The Ministry of Planning and International Cooperation, the Central Bank of Jordan, the Development and Employment Fund, the Microfinance Association (Tanmeyah), the European Union and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), as well as other financial inclusion affiliates, met at the Financial Inclusion for Impact event on 19 September in Amman, to acknowledge and celebrate their successful cooperation to boost microfinance opportunities and achieve financial inclusion in Jordan.
In early 2011, as part of its efforts to enhance the financial sector’s economic impact, the Government of Jordan launched a participatory sector reform process, which resulted in the Jordanian National Microfinance Policy Framework. In 2015, the EU funded a 35 million Euro budget support programme to promote the regulation and sound development of the microfinance sector, as well as to assist in the development and implementation of the National Financial Inclusion Strategy (NFIS).
Nearing the completion of the support programme in its current form, the “Financial Inclusion for Impact: Journey and Vision for Jordan” event provides a unique opportunity to highlight the achievements of the EU and GIZ with the Jordanian partners in their journey to make financing more inclusive for everyone in the Kingdom, and to discuss the vision for the future of the sector.

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Press release