Financial Inclusion (FI), which refers to access and usage of appropriate financial services, continues to play an integral role in the realization of inclusive and sustainable growth. It is vital for economic and social development of a country.
According to the National Financial Inclusion Strategy 2017-2022, Financial Inclusion has be defined as having access to and using a broad range of quality and affordable financial services which help ensure a person’s financial security.
Bank of Uganda’s mission is to “foster price stability and a sound financial system”. The Central Bank’s role in ensuring financial stability includes the following;