The G20 Yogyakarta Financial Inclusion Framework

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:

1.                   “Implementation Guide for the G20 High-Level Principles for Digital Financial Inclusion”, by the World Bank in collaboration with BTCA, CGAP and OECD.

2.                   “Database on Digital and Innovative Financial Products and Services for MSMEs beyond Credit”, by SME Finance Forum in collaboration with BTCA, IFAD, IsDB and WWB.

3.                   “G20/AFI Preliminary Regulatory Toolkit for MSME Access to Digital Financial Services”, by AFI.

4.                   “Progressing the Agenda on MSMEs Data Harmonization Framework”, by SME Finance Forum and the GPFI Co-Chair.

These outcomes are also complemented by: (i) 2022 G20/OECD High-Level Principles on Financial Consumer Protection, prepared by OECD; and (ii) 2022 Updated G20/OECD High-Level Principles on SME Financing, prepared by OECD.