Financial inclusion remains a priority issue in Morocco. In 2021, 44% of adults in the country had access to formal financial services, according to the World Bank Global Findex (2021). This represented an increase from 29% in 2017, largely from traditional accounts in financial institutions—mobile money did not exist in Morocco before 2017. Still, 15 million adults in Morocco remain unbanked, notably underserved groups such as the poor, women, smallholder farmers, and micro-, small, and medium-sized enterprises (MSMEs).
News
New UNSGSA Working Group Report Outlines a Policy and Advocacy Framework for Inclusive Green Finance
This new report examines how access and usage of financial services can help build resilience in the face of climate shocks, while also providing opportunities to participate in green economic sectors. Read more
May 15, 2023
UNSGSA Queen Máxima to Champion Digital Public Infrastructure, Financial Health at IMF-World Bank Spring Meetings
UNSGSA Queen Máxima will head to Washington D.C. on 13-14 April 2023 to participate in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG). Read more
April 12, 2023
UNSGSA Queen Máxima Visit to Morocco to Spotlight Mobile Money, Fintech and Inclusive Green Finance
UNSGSA Queen Máxima will focus on key investments to help kick start Morocco’s digital payments market, notably to serve as an on-ramp to the formal financial sector for traditionally undeserved groups like women and small merchants. She will also discuss how Morocco’s fintech sector can further… Read more
March 17, 2023
UNSGSA Queen Máxima to Head to Davos for World Economic Forum’s Annual Meeting 2023
During the Annual Meeting, the Special Advocate will give remarks and input at an event titled “Financial Inclusion Beyond Access”. The UNSGSA will also conduct high-level bilateral meetings with government representatives from various countries, as well as hold talks with important stakeholders… Read more
January 13, 2023
UNSGSA Queen Máxima to Provide Virtual Keynote Speech at Nigeria National Financial Inclusion Conference
Nigeria will launch its updated National Financial Inclusion Strategy (NFIS) at the event, in addition to its national fintech strategy and strategy for leveraging agent networks to drive women’s financial inclusion. Read more
November 24, 2022
Watch: How Can Digital Financial Services Help the World's Poor?
Digital financial services help customers manage their financial lives. In many parts of the developed world, people take them for granted. The ability to organize finances online, or via a mobile phone, is very convenient. But for the world’s poor, access to digital financial services goes beyond… Read more
October 19, 2022
UNSGSA Queen Máxima Concludes Visit to Tanzania
Her Majesty Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), is pictured meeting with women who utilized a digital finance model called MomCare to access healthcare at Charlotte… Read more
October 19, 2022
UNSGSA Queen Máxima to Visit Tanzania to Promote Financial Inclusion
In close collaboration with key leaders and stakeholders, the UNSGSA will promote and support a range of financial inclusion priorities. There will be an emphasis on the country’s national financial inclusion framework and enabling an inclusive digital economy. Focus will be on support for… Read more
October 17, 2022
UNSGSA Queen Máxima and U.S. Acting Comptroller of the Currency Hsu Co-Host Financial Health Meeting in Washington D.C.
Attendees discussed a range of topics related to financial health, including how to properly measure it and how measurement can inform product design, how to improve financial health for traditionally underserved or marginalized groups, and the role of and benefits for the private sector to boost… Read more
October 15, 2022
Digital Public Goods, Financial Health to be High on Agenda during UNSGSA Queen Máxima Visit to Annual Meetings
Throughout the visit, the Special Advocate will reinforce the importance of digital financial inclusion and key digital public goods—including connectivity, cybersecurity, and digital IDs. The Read more
October 12, 2022
UNSGSA Queen Máxima Keynote Address on Digital Public Goods, Financial Health to Open Sibos 2022 in Amsterdam
In her speech, the UNSGSA is expected to emphasize the need to ensure that financial inclusion improves people’s financial health and resilience, including the key role of the private sector on this front, as well as discuss the importance of digital financial inclusion and key digital public goods… Read more
October 6, 2022
UNSGSA Queen Máxima Meets with European Commissioner Vestager about Digital Public Goods
Discussion focused on the importance of digital public goods for improving access to and secure use of digital financial services. The European Commissioner’s portfolio includes digitization. Read more
September 28, 2022
