Financial Inclusion as a Mechanism for Achieving Economic Growth in Algeria: Reality and Prospects

Abstract

This paper aims to analyze the reality of financial inclusion in the Algerian economy and its extent in activating economic growth, and to clarify the various advantages that can be achieved if financial services are accessible to all segments of society. Including vulnerable groups, women and entrepreneurs to achieve local financial sustainability.

The study found that Algeria is still far from the desired levels of financial inclusion indicators, and therefore it is imperative to diversify financial services to include vulnerable groups in particular. These are the points that have been focused on in the reports of international bodies, and the study recommended that the government should target financial inclusion as a strategic goal to achieve sustainable development and growth.