This Financial Sector Development (FSD) Policy expresses the commitment of the Government of the Republic of Zambia to fostering the development of the financial sector through the provision of strategic guidance and oversight. The Policy aims at having a well-developed, competitive, and inclusive financial system that supports efficient resource mobilisation and access to financial services and products by all.
This National Financial Inclusion Strategy (NFIS) provides a roadmap to further accelerate our financial inclusion journey in Zambia by setting forth a series of specific, delineated, and sequenced actions for a wide range of stakeholders. Enhanced financial inclusion in various countries has been shown to contribute to wealth creation, economic growth, and sustainable development. The strategy was developed to build on the successes of Zambia’s first and second Financial Sector Development Plans (FSDPs), which ran into two successive five-year cycles from 2004 to 2009 and from 2010 to 2014.