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Peer-Reviewed Article September 20, 2020

The Impact of Financial Inclusion on GDP Growth in Egypt

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Published in: المجلة العلمية للاقتصاد والتجارة
Publisher: Ain Shams University, Faculty of Commerce • Egypt • 2636-2562 • 3062-5394
DOI: https://doi.org/10.21608/jsec.2020.114124

Abstract

FI’s multidimensional aspect is crucial to a country’s economic and financial growth. This study aimed to examine FI’s impact on Egypt’s growth in GDP and to focus significantly on FI indicators such as the Number of ATMs and the deposits in various financial institutions. The researcher used secondary data to help with the analysis of the correlation between GDP and other independent variables. The authors analyzed the data by using multiple regression models, and the model was statistically significant. The results of the study found a positive correlation between GDP and the number of ATMs and the negative relationships between GDP and total deposits.

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