The Central Bank of Liberia (CBL) has held a National Stakeholders’ Workshop on the development of a 2026–2030 National Financial Inclusion and Education Strategy (NFIES).
The workshop was themed “The Last Mile Reality: Usage, Liquidity and Agricultural Value Chains.” It brought together government institutions, development partners, financial service providers, community finance bodies, credit unions, Village Savings and Loan Associations, and microfinance institutions.
According to the Global Findex Database, financial inclusion rates in Liberia increased from 36% in 2017, to 52% in 2024. Participants at the workshop assessed key challenges to advancing progress, including:
- Regulatory and policy gaps
- Infrastructure limitations, including connectivity and digital ID
- Coordination across institutions
The event formed part of a nationwide consultative process to shape the 2026-2030 NFIES, which AFI is supporting CBL to develop. The NFIES aims to create an inclusive financial ecosystem capable of supporting economic growth, strengthening financial stability, and improving livelihoods across the country.