{"id":650576,"date":"2017-03-27T04:11:16","date_gmt":"2017-03-27T04:11:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/"},"modified":"2017-03-27T04:11:16","modified_gmt":"2017-03-27T04:11:16","slug":"size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/","title":{"rendered":"Size of informal economy biggest challenge to financial inclusion -El Said"},"content":{"rendered":"<p>The size of the informal economy is the biggest challenge to financial inclusion, Planning Minister Hala El Said told <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/26\/999965\">Al Borsa<\/a>. There is no complete information and participants in the parallel market are wary of being involved in the formal economy, she added. El Said aims to limit the usage of cash and looks at expanding mobile banking as a means to promote financial inclusion, which we predicted will be <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/27\/the-new-new-deal\/\">the government\u2019s buzzword throughout 2017<\/a>, and integrating the informal economy into the formal one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The size of the informal economy is the biggest challenge to financial inclusion, Planning Minister Hala El Said told Al Borsa. There is no complete information and participants in the parallel market are wary of being involved in the formal economy, she added. El Said aims to limit the usage of cash and looks at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650576","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fff52b9b-e57b-4fd6-887b-c40d84df8e91","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650529],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Size of informal economy biggest challenge to financial inclusion -El Said - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Size of informal economy biggest challenge to financial inclusion -El Said\" \/>\n<meta property=\"og:description\" content=\"The size of the informal economy is the biggest challenge to financial inclusion, Planning Minister Hala El Said told Al Borsa. There is no complete information and participants in the parallel market are wary of being involved in the formal economy, she added. El Said aims to limit the usage of cash and looks at [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-27T04:11:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Size of informal economy biggest challenge to financial inclusion -El Said\",\"datePublished\":\"2017-03-27T04:11:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/size-of-informal-economy-biggest-challenge-to-financial-inclusion-el-said\/\",\"name\":\"Size of informal economy biggest challenge to financial inclusion -El Said - 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Both ministries have set up a joint working group to arrange meetings\u2026","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641234,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/17\/afi-launches-financial-inclusion-in-the-arab-region-initiative-endorses-sharm-el-sheikh-climate-change-accord\/","url_meta":{"origin":650576,"position":2},"title":"AFI launches Financial Inclusion in the Arab Region Initiative, endorses Sharm El Sheikh Climate Change Accord","author":"enterpriseam admin","date":"17 September 2017","format":false,"excerpt":"Chilling (but unsurprising) factoid of the Sharm financial inclusion gathering: Only 29% of adults in the Arab world have access to financial services, against 69% in Asia-Pacific, according to Al Maghrib Abdellatif Jouahri, chairman of the Union of Arab Banks. 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His 11-year journey saw him grow to 270 branches nationwide, navigating banks, policy makers, and private equity\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/51.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601957,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/egypts-incorporation-of-the-informal-economy-hinges-on-its-investment-in-digitalization-and-financial-inclusion\/","url_meta":{"origin":650576,"position":4},"title":"Egypt\u2019s incorporation of the informal economy hinges on its investment in digitalization and financial inclusion","author":"enterpriseam admin","date":"14 March 2019","format":false,"excerpt":"Egypt\u2019s drive to make the informal economy go legit hinges on its investment in digitalization and financial inclusion, our friend Maged EzzEldeen, country senior partner at PricewaterhouseCoopers, argues in a report on the shadow economy. 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