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Financial Inclusion Strategy - ZIMBABWE

2016 2020 ZIMBABWEZIMBABWEN ational Financial Inclusion Strategy iZimbabwe national Financial Inclusion Strategy 2016 -2020 TABLE OF CONTENTSCHAPTER 1. INTRODUCTION 1 CHAPTER 2. EXECUTIVE SUMMARY 2 CHAPTER 3. STATUS OF ACCESS TO Financial SERVICES IN ZIMBABWE 4 CHAPTER 4. RATIONALE, DEFINITION, VISION, MISSION AND OBJECTIVES 14 CHAPTER 5. PILLARS OF THE NFIS & CORE ENABLERS 17 CHAPTER 6. TARGETS, PRIORITY AREAS, AND SPECIFIC STRATEGIC MEASURES 24 CHAPTER 7. MONITORING AND EVALUATION FRAMEWORK 46 CHAPTER 8. STAKEHOLDER ROLES AND RESPONSIBILITIES 49 iiZimbabwe national Financial Inclusion Strategy 2016 -2020 LIST OF TABLEST able 1: Architecture of the banking sector 5 Table 2: Players in the Capital Markets Sector 6 Table 3: Architecture of the national Payment Systems as at 30 September 2015 8 Table 4: Key Financial Inclusion Indicators as at 2011 and 2014 10 Table 5: Summary of the Proposed Financial Inclusion Initiatives 37 Table 6: Key Accessibility, Usage and Quality Indicators 47 Table 7: Stakeholder Roles and Responsibilities 49 Table 8: Communication Strategy Steps 52 LIST OF FIGURESF igure 1: Players in the Financial Services 4 Figure 2: Insurance Sector Products 6 Figure 3: Payment Systems Access Channels 9 Figure 4: Payment Systems Access Channels per 100,000 Adults 9 Figure 5: Major barriers to Financial Inclusion across the fina

i i Fii i 2016 2020 • iv MSMEs Micro, Small and Medium Enterprises NFIS National Financial Inclusion Strategy NFNV New Faces New Voices NPS National Payment Systems

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