Tanzania, July 22 -- Dar es Salaam. Opening millions of bank accounts and expanding access to digital financial services are no longer enough to achieve meaningful financial inclusion, a newly published global study says.

The next challenge for governments is ensuring that people can use those financial services to withstand economic shocks, recover from crises and build long-term financial resilience.

This comes at a time when data shows financial inclusion in Tanzania has soared, with formal financial access reaching 89 percent and usage at 76 percent.

This growth is largely driven by a multi-operator mobile money ecosystem (like M-Pesa, Airtel Money, and Tigo Pesa). Despite this success, roughly 6.4 million adults remain financially...