Financial inclusion can help reduce poverty and promote shared prosperity. For every 10% increase in financial inclusion, the number of people living in extreme poverty can decrease by 3.6%.
Reducing income inequality by 10% can lead to an increase in economic growth of 0.4 percentage points per year.
Narrowing the gender gap in the labour market could increase GDP by up to 34% in some countries.
Financial inclusion can help promote economic growth and reduce poverty by providing individuals, low-income households and small businesses with access to credit, savings, insurance, and other financial services. This can help them manage their money, save for the future, invest in income-generating activities, invest in their businesses, create jobs and contribute to economic development.
Financial inclusion can help increase tax revenues by promoting economic growth and creating new opportunities for businesses to generate income.
OUR WORK WITH GOVERNMENTS/REGULATORS:
- Financial Inclusion Enabling Policies/Frameworks
- Develop National Financial Inclusion Strategies (including gender, youth, SMEs and green finance)
- Formulate Financial Literacy Strategies
- SDG Implementation
- Develop Gender and Youth Inclusive Policies
- Implement Growth Policies for SMEs
- Design Targeted Intervention Funds (women, youth, SMEs)
- Provide Thought Leadership, Research & Insights on Financial Inclusion
- Develop Cashless Policies
- Support Enabling Fintech Landscape
- Develop Social Benefit Programmes
- Foster Green Finance Enabling Policies
- Capacity Development
- Regulatory Sandboxes Design
- Policy Advocacy
WE HAVE WORKED WITH:
