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Development of microfinance: the Government of Benin adopts a new national policy for the period 2023-2027

19/10/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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A government statement was published yesterday, Wednesday, October 18, 2023 in Cotonou. This press release indicates that the Government of Benin has adopted a national policy for the development of microfinance

for the period 2023 to 2027.

The government statement indicates that Benin has a healthy, professional, innovative, inclusive and responsible microfinance sector that effectively contributes to the sustainable access of the entire population to diversified financial services. La politique nationale qui postule à l' horizon 2027 intends to promote greater efficiency of the microfinance system for the benefit of beneficiaries. According to the press release, this policy is divided into three strategic objectives to achieve the objectives. This involves strengthening surveillance, monitoring and sanitation reforms in the sector. The improvement of the institutional and managerial framework of decentralized financial systems, and the adoption of digital and digital technology in the transactions and operations of decentralized financial systems

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