News

News

Apr 11, 2014 |
As part of the 2014 Spring Meetings of the World Bank Group and International Monetary Fund, the session "Digital Finance: Innovation at the Core of Big Development Challenges" brought together innovators, private sector leaders, and government representatives to discuss how transformative businesses are taking advantage of giant leaps in digital technology to benefit individuals and small businesses in developing countries who have no access to formal financial services and credit. More information on the session is available here.  Watch the replay of the session at http://live.worldbank.org/digital-finance
Feb 19, 2014 |
The GPFI Data and Measurement Subgroup has compiled a number of case studies to showcase how data translates into evidence-based policies in the specific context of countries’ experience in using financial inclusion data. The Alliance for Financial Inclusion (AFI) played a key role in canvassing members of the AFI network and coordinating the work to complete the country case studies. Apart from demonstrating the use of data in the financial inclusion development of the countries, a useful by-product of the case studies is the description of particular elements of each country’s financial inclusion journey.    Read the following country case studies now available in the Publications section:   Bangladesh Burundi
Dec 18, 2013 |
Officials from member countries, guests and a number of international organisations met in Sydney on 16 and 17 December 2013 to discuss the way ahead for the G20’s development agenda in 2014. The Development Working Group (DWG) has an emphasis on ensuring developing and low income countries can contribute to, and benefit from, approaches taken by the G20 to promote stronger economic growth, employment outcomes and resilience.   More information can be found here.  
© G20 Taskforce, Department of Prime Minister and Cabinet
Dec 1, 2013 |
On December 1, 2013, Australia officially assumed the Presidency of the G20. Australia’s G20 Presidency in 2014 will focus on promoting stronger economic growth and jobs and on making the global economy more resilient to deal with future shocks.  More information on Australia's G20 Presidency is available here.  
Dec 1, 2013 |
December 1, 2013, marks the official commencement of Australia’s Presidency of the G20. Read the full press release here. 
Nov 12, 2013 |
Low-income populations benefit the most from technological innovations such as mobile payments, mobile banking, and borrower identification based on fingerprinting and iris scans, according to a new World Bank Group report. Read the full announcement here.
Oct 23, 2013 |
Taking financial inclusion forward and making a real impact in the lives of low-income people and small enterprises has been featuring prominently in the international financial inclusion agenda. Significant components of the work undertaken in the GPFI had as an objective the enablement of policy formulation and target setting.
Oct 23, 2013 |
The GPFI Plenary was held on October 22, 2013, in St. Petersburg, Russia. The meeting offered an opportunity to take stock of achievements of the GPFI during the Russian G20 Presidency.
Oct 23, 2013 |
The third annual GPFI Forum was held in St. Petersburg, Russia, on October 21-22, 2013. Hosted by Russia’s G20 Presidency, the GPFI Forum was attended by representatives from G20 countries, non-G20 countries, GPFI Implementing Partners and other stakeholders and interested parties.   
Oct 15, 2013 |
Universal financial access is vital to reducing poverty, innovation key to overcoming the enormous challenge, says World Bank Group President Jim Yong Kim. Read the full press release here.