It is heartening to see that, under China’s Presidency, the Global Partnership for Financial Inclusion (GPFI) will continue to build on the financial inclusion agenda items of former Presidencies and support the implementation of the G20 Financial Inclusion Action Plan.
These efforts will involve a focus on digital financial services, data and indicators, financial literacy, consumer protection, SME finance, and reaching particularly vulnerable groups such the rural, poor, youth and elderly.
Development actors have now realized they will not have the impact they seek until we reach every person who remains unbanked or underserved. Because of this, the international community, more than ever, is throwing its full weight behind the cause to scale up financial inclusion.
Last year, the United Nations General Assembly adopted the Addis Ababa Action Agenda (AAAA).
The document outlined a robust case for the role of financial inclusion to the development agenda, committing the international community to work toward full and equal access to formal financial services for all, adopting and/or reviewing national financial inclusion strategies in consultation with relevant stakeholders, and naming financial inclusion as a policy objective in financial regulation in accordance with national priorities and legislation.
{ What the crap does that last paragraph exactly mean any way? }
*** You should notice that the Devil is in the details - folks and there are more details to follow... The UN is a master propaganda factory which has only one objective = to take total control {enslave} the world!
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