Eng. Sherif Makhlouf, Chairman of the Communications Committee of the Egyptian Young Entrepreneur Association, said that there is insistence on the part of the government and the Ministry of Communications to support digital transformation in promoting the implementation of the financial inclusion initiative and supporting entrepreneurship in Egypt, noting that financial inclusion is not an end in itself, but it is a good tool for development. The Egyptian economy is at a rapid rate, and it requires community solidarity and the promotion of digital transformation, which needs time to be implemented and requires the rapid spread of financial culture.
In a statement today, Thursday, Makhlouf stressed that financial literacy is a cornerstone in achieving digital transformation, and that we must focus on it. The transformation is a triangular triangle that includes individuals, mechanisms and tools. ”The percentage of electronic financial transactions out of total public financial transactions was estimated at 5%. Only for 95% cash transactions, which is an unhealthy percentage for digital transformation and financial inclusion, stressing that digital transformation is a topic that occupies the whole world, and everyone talks about it on all occasions, stressing that there is no single approach to the idea of digital transformation, as it enters all aspects of life .
The Chairman of the Communications Committee of the Egyptian Young Businessmen Association also noted the need to think about financial inclusion as part of the state’s infrastructure, in a way that helps the development process in an accurate manner that contributes to speeding up the economic cycle, noting that there are many challenges facing the electronic payments market, especially since dealers in Egypt Less than 2%, payments represent the beating heart of the economy, and in turn, the beating heart of civilization.
Comments
Post a Comment