Financial inclusion. Transforming lives
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Each year, the Secretary-General’s Special Advocate for Inclusive Finance—Queen Máxima of the Netherlands—publishes a report that looks at what financial inclusion has achieved and where it is going.
The report discusses the contribution SMEs have on the economy - half of total employment and a third of the GDP. However, their opportunity for growth is severely limited due to inequities in credit and financing. Suggestions include having a national strategy for financial inclusion and building stronger credit reporting and reforms.
This year's report lays out three priorities for action that could accelerate our momentum: ensuring development impact, promoting supportive policies for digital financial inclusion, and reaching neglected populations such as farmers, women, and small businesspeople.
|Author||Queen Máxima of the Netherlands|
|Year of Publication||2017|
|Number of Pages||32 pp.|
|Region / Country||Global /|
|Primary Language||English (en)|
|Keywords||Financial Inclusion, digital finance, Mobile Banking|