تداعيات أزمة فيروس کورونا المستجد ودور الشمول المالي في مواجهتها مع الإشارة إلى الاقتصاد المصري
Year: 2021
Type: article
Abstract: The Implications of Covid19 Pandemic and the Role of Financial Inclusion in Mitigating them: The Case of EgyptThe propagation of the Coronavirus among countries led to substantial negative implications.These implications include the decline of economic growth rates, and the rise of both unemployment and poverty rates.Egypt wasn't far from these negative implications, as sectors of tourism, aviation, as well as some industrial sectors suffered from negative impacts.In addition, exports, Suez Canal revenues, and remittances from workers abroad significantly decreased .To overcome this crisis, efforts need to be complimented.An appropriate mix of fiscal and monetary policies need to be settled in parallel to a variety of other diverse policies and procedures.Financial inclusion can play an integral role to face the negative implications of the Coronavirus spread, due to its positive impacts, certainly in crises times .As the Egyptian government believed in the importance of financial inclusion mitigating the negative implications of the Coronavirus pandemic, it provoked multiple efforts and measures to enhance financial inclusion.Still further efforts need to be established to encourage financial institutions to continue providing credit, even more to expand.In addition, the Egyptian Government needs to facilitate opening banking accounts, revise replacements to open accounts, expand the electronic and online banking and increase caps on e-payments using mobile phones .
Author: د.هبه الباز
Language: Arabic
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3198584446