MSC worked with Qatar Central Bank to develop the national financial inclusion and literacy strategy. We conducted a national survey of Qatar’s population to assess the level of financial inclusion and literacy in the country. The survey identified the key gaps in different sectors, such as banking, insurance, and SMEs. We analyzed the supply and demand factors associated with these gaps to develop solutions and recommendations to respond to them. We created an enabling framework that supports banks and financial institutions to increase access to financial services for under-served segments.
Based on this work, MSC drafted the National Financial Inclusion and Literacy Strategy and an implementation program in coordination with the Financial Inclusion Committee of the Qatar Central Bank. The national policy will have a positive impact on about 2.26 million adults in the country.