Oct 8, 2012 |
Developments at two of the main global standard-setting bodies highlight the importance that these organizations are giving to financial inclusion.
Oct 1, 2012 |
The second annual GPFI Forum and first GPFI Plenary Meeting were held in Cape Town, South Africa, on September 28-29, 2012. Hosted by the National Treasury of South Africa, the GPFI Forum was attended by financial inclusion policy makers and regulators from across the globe, representatives of the G20 countries, and the GPFI’s Implementing Partners. The Forum was opened with the keynote speeches of Nhlanhla Nene, Deputy Minister of Finance of the Republic of South Africa and Juan Manuel Valle, Head of the Banking, Securities and Savings Department at the Ministry of Finance, Mexico.
Sep 25, 2012 |
IMF released the 2012 Financial Access Survey (FAS) data through the online FAS database. FAS is the sole source of global supply-side data comparable across countries and over time, which collects data from national financial regulators. FAS is also one of the three global sources identified for the G20 Basic Set of Financial Inclusion Indicators endorsed by the G20 Leaders at the Los Cabos Summit in June 2012. This year FAS was conducted by the IMF in collaboration with CGAP and IFC’s Access to Finance Advisory Services.
Sep 24, 2012 |
The Group of Twenty (G20) recognizes the key role of financial inclusion in the realization that financial inclusion is a key enabling element in the fight against poverty and the pursuit of inclusive development is leading to an increasing focus on financial inclusion policies and initiatives. Reliable data covering the major components of sustainable financial inclusion development is critical to inform these policies and to monitor the effect of initiatives.
Sep 13, 2012 |
With immense sadness we learned of the sudden death of our colleague and mentor, Raúl Hernandez Coss, over the weekend.
Sep 12, 2012 |
Read the stories from around the world of 20 people whose lives have changed from the transformative effect of giving the poor and small businesses acces to financial services. "Capturing Our Impact: Their Stories," International Finance Corporation, September 2012.
Jun 21, 2012 |
At their Summit in Los Cabos, Mexico, on June 18, 2012, Leaders of the G20 countries welcomed the progress by the Global Partnership for Financial Inclusion (GPFI) on implementing the recommendations on financial inclusion that were outlined in a 2011 report. In their Summit Declaration, the G20 Leaders endorsed the Basic Set of Financial Inclusion Indicators developed by the GPFI. In addition, the Group supported ongoing efforts to create an additional GPFI Subgroup with a focus on consumer protection and financial literacy issues to complement the already existing three Subgroups.
Nov 5, 2011 |
At their Summit in Cannes on November 4, 2011, G20 Leaders commended the work of the GPFI and committed to further efforts to advance financial inclusion under the Mexican G20 Presidency in 2012. One year after its launch at the G20 Summit in Seoul, the GPFI provided a progress report to G20 Leaders summarizing the achievements in the first year of work and making recommendations for the way forward.
Oct 1, 2011 |
The GPFI held its first forum in Riviera Maya, Mexico, on October 1, 2011. The meeting offered opportunity for stakeholders to exchange ideas on the challenges and opportunities confronted by policy makers in making financial inclusion a reality in their countries, as well as part of a broader global development agenda.
Sep 30, 2011 |
In his speech on September 30, 2011, closing the AFI Global Policy Forum, and opening the Global Partnership for Financial Inclusion (GPFI) Forum, held back-to-back in Riviera Maya, Mexico, President Felipe Calderón announced the launch of Mexico’s “National Council on Financial Inclusion.” The council will provide an institutional mechanism to drive policy and facilitate coordination among government entities of relevance to financial inclusion, spanning agencies involved in regulation of the financial sector, social development, consumer protection and others.