DECEMBER 2022

VOlUME 01 ISSUE 06 DECEMBER 2022
The Impact of Financial Inclusion on Economic Growth in the Democratic Republic of Congo
Ngandu Lushimbula Glory
First term assistant at The Higher Institute of Medical Techniques of Kindu Democratic Republic of the Congo
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ABSTRACT

The recent financial crises have revived the debate on the interactions between the financial and real spheres. In both developed and developing countries, financial inclusion is becoming a major issue. It is perceived as a real tool for economic development and poverty alleviation. The analysis of the interactions between the financial and real spheres is therefore renewed. The purpose of this study is to analyze the impact of financial inclusion on economic growth in Congo, based on the Autoregressive Distributed Lag (ARDL) model and the descriptive analysis

The study shows that financial inclusion has a significant and positive influence on economic growth in the Congo, particularly on the growth of non-oil Gross Domestic Product (GDP).

KEYWORDS

financial inclusion, Non-oil GDP, Congo, ARDL: autoregressive distributed lag, incidence, economic growth, financial sphere, SME, banking, optimal allocation, financial liberalization

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VOlUME 01 ISSUE 06 DECEMBER 2022

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