A national financial inclusion strategy needs to be developed by stakeholders for inclusive growth of the country, said analysts yesterday.
Faisal Ahmed, chief economist of Bangladesh Bank, said many products for financial inclusion were developed on an experimental basis by the central bank.
But now there is a need for strategy to expand the inclusion programmes, he added. The development partners, the central bank, ministries and other organisations of the financial system need to help formulate a strategy for financial inclusion, he said. Such strategies already exist in many countries, said Ahmed, speaking at a discussion titled “financial inclusion and the banking sector: some critical issues” at Lakeshore Hotel, Dhaka.