2nd Meeting of the COMCEC Financial Cooperation Working Group held on March 27th, 2014

01.04.2014 @ 06:00

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The 2nd Meeting of the COMCEC Financial Cooperation Working Group was held on March 27th, 2014 in Ankara, Turkey with the theme of "Enhancing Financial Inclusion in the COMCEC Member States." In the meeting, COMCEC CMR Forum Financial Literacy TF has made a presentation titled "Enhancing Financial Literacy in the COMCEC Member States".

The Meeting was attended by the representatives of 17 Member States, which have notified their focal points for the Financial Cooperation Working Group namely, Burkina Faso, Cameroon, Egypt, The Gambia, Iran, Kuwait, Malaysia, Mozambique, Nigeria, Oman, Saudi Arabia, Senegal, Sudan, Togo, Tunisia, Turkey, Uganda. Representatives of COMCEC Coordination Office, SESRIC, Secretariat of the OIC Member States' Stock Exchanges Forum, Secretariat of the COMCEC Capital Markets Regulators Forum, Islamic Development Bank Group (IDB), World Bank, World Bank Global Islamic Finance Development Center and Participation Banks Association of Turkey have also attended the Meeting.

The Representatives of the Member States have deliberated on the institutional framework for financial inclusion in the COMCEC Countries, barriers on enhancing financial inclusion and measures for reducing financially excluded population in the COMCEC Countries and the policy recommendations for enhancing financial inclusion in the Region. The Meeting has namely considered the report titled "Enhancing Financial Inclusion in the COMCEC Countries."