In this article, we attempt to estimate whether financial inclusion, expressed as financial
accessibility, has a positive effect on reducing income inequality. Furthermore, we estimate the effect of
such financial inclusion on economic growth by reducing income inequality. From the results of our
empirical analysis, we can draw the following three conclusions. First, income inequality has a very
negative effect on GDP growth. The negative relationship between income inequality and GDP growth is
strong in low-income countries. In addition, income inequality has a stronger effect on reducing economic
growth in high-fragility countries. Second, progressivity is not a major factor in reducing income inequality
in low-income countries or in high-fragility countries. Finally, financial inclusion improves the relationship
between income inequality and economic growth. The reduction in income inequality through financial
inclusion changes the negative relationship between income inequality and economic growth into a
positive relationship. This trend is stronger in high-fragility countries than in low-fragility countries.