University Publications

The paper shed light on the impact of financial inclusion on economic growth indicators of the Sudanese economy during 2006 to 2020, the problem of this paper is based on the main question, what is the impact of financial inclusion indicators on economic growth in Sudan?. Then, the main objective of this paper is to measure the impact of financial inclusion indicators including (the number of bank branches, the number of ATMs, the ease of doing business index, the credit to the private sector, money supply, government expenditure, and the volume of total finance) on the growth of the Sudanese economy. Accordingly, the researcher has used the Principal Component Analysis method (PCA), because is considered one of the techniques used to reduce the dimensionality of such dataset. Also to minimize uncorrelated variables that successively maximize variances) to reach the highest variances for the different variables used in the paper, and the researcher concluded that the number of ATMs, government expenditure, and ease of doing business are among the indicators with the highest variance among the different variables (4.5, 2.1, and 1.1, respectively), accordingly the researcher recommended that the government should provide banking and financial services so that the mass of low-income groups can have access to banking and financial services, and this will affect positively on the gross domestic product and then achieve the desired economic growth, which in turn will be reflected on the income rates of individuals and on the standard of living of the mass of low-income groups in the society.