News

News

Dec 16, 2022 |
The document reviews the more recent evolution of remittances transfer costs as well as the progresses accomplished by G20 countries in the realisation of their respective 2021 National Remittances Plans.
Dec 16, 2022 |
Under Indonesian G20 Presidency, the GPFI delivered the G20 Financial Inclusion Framework in Harnessing Digitalization to Increase Productivity, Sustainable and Inclusive Economy of Women, Youth and SMEs, the so-called “G20 Yogyakarta Financial Inclusion Framework”. The frameworks includes four Reports produced by GPFI implementing partners:
Dec 16, 2022 |
On 5 October 2022, the GPFI met in Bali in hybrid format for the third and last time under Indonesia G20 Presidency. During the meeting Implementing partners presented f the final version of the GPFI deliverables , which were endorsed by Member Countries. Building upon these outcomes, Indonesia G20 Presidency presented its “Financial Inclusion Framework in Harnessing Digitalisation to increase Productivity, Sustainable and Inclusive Economy of Women, Youth and MSMEs”, the so-called “G20 Yogyakarta Financial Inclusion Framework”. Time has also been devoted to the presentation of the 2021 Global Findex by the World Bank. Moreover, the incoming India G20 Presidency outlined the main features of the program they intend to pursue in 2023.
Jul 1, 2022 |
On 11 May 2022, preceding the 2nd G20 GPFI Plenary Meeting, Indonesia G20 Presidency hosted an International Seminar on Digital Transformation for Financial Inclusion of Women, Youth and MSMEs to Promote Inclusive Growth in Bali (hybrid format).  
Jul 1, 2022 |
On 12- 13 May 2022, the GPFI met in Bali in hybrid format for the second time under Indonesia G20 Presidency. Group members acknowledged the progress of the GPFI deliverables. In the area of SMEs finance, the discussion concerned the G20 Database on digital financial products and services for MSMEs beyond credit and the Regulatory Toolkit for MSMEs Access to Digital Financial Services. In the area of digital financial inclusion, members discussed the Implementation Framework for the G20 High Level Principles on Digital Financial Inclusion and the OECD review of the G20 High-Level Principles on Financial Consumer Protection. Time has also been devoted to the presentation of the OECD review of the G20 High-Level Principles on SME Financing and the We-fi code, an initiative to foster women access to finance. FATF and BIS provided an update of the SSBs agenda relevant for financial inclusion.  
Mar 24, 2022 |
The Indonesia G20 Presidency held an International Seminar on Digital Financial Inclusion on 2 February 2022, back to back with the First Plenary Meeting. The objective of the seminar was to showcase policy and program to expand the use of digital financial services in supporting economic and financial inclusion. The seminar also shared best practices of the use of affordable and responsible digital financial services from policy makers, regulators, industries, and other relevant stakeholders to boost financial inclusion.
Mar 24, 2022 |
On 3-4 February 2022, the GPFI met virtually for the first time under the Indonesian G20 Presidency. Group members discussed the GPFI work programme for 2022, based on the priorities established by the Presidency and the commitments in the GPFI's Financial Inclusion Action Plan (FIAP). The Plenary agenda focused on three topics: (i) Digital Financial Inclusion; (ii) SME Finance; and (iii) the OECD review of the G20 High-Level Principles on Financial Consumer Protection.
Mar 24, 2022 |
Under the Indonesia G20 Presidency, the Global Partnership for Financial Inclusion (GPFI) in collaboration with the SME Finance Forum organized a G20 Workshop on 'Digital and Innovative Financial Products and Services for MSMEs Beyond Credit'. The aim was to encourage the participation of GPFI members and the public to contribute to the preparation of a living database that will contain examples of successful financial products and services for “beyond credit” MSMEs. The workshop was opened by Chairman of Fiscal Policy Agency, Indonesia Ministry of Finance, Febrio Kacaribu.
Mar 24, 2022 |
In January 2022, Indonesia G20 Presidency released its GPFI Presidency’s Priorities Paper 2022. The GPFI under Indonesia Presidency will focus on digital financial inclusion and SME Finance. This focus is coherent with the G20 2020 Financial Inclusion Action Plan (FIAP) and is aligned with the Indonesia Presidency theme, which is “Recover Together, Recover Stronger”.
Mar 24, 2022 |
In coherence with the provisions contained in the G20 2020 Financial Inclusion Action Plan (FIAP), in 2022 the GPFI led by the Co-Chairs together with the Indonesian G20 Presidency and the Troika will accomplish four deliverables: