Lessons from Implementing a National Financial Inclusion Strategy

A national financial-inclusion strategy (NFIS) helps policy makers, in coordination with a wide range of stakeholders, define objectives and outline a set of impactful, sequenced actions to accelerate progress toward achieving financial-inclusion g...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	FINANCIAL INCLUSION FINANCIAL REGULATION GENDER GAP FINANCIAL LITERACY
Online Access:	http://documents.worldbank.org/curated/undefined/743511629195095174/Lessons-from-Implementing-a-National-Financial-Inclusion-Strategy http://hdl.handle.net/10986/36213

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recordtype	oai_dc
spelling	okr-10986-362132021-08-31T05:10:35Z Lessons from Implementing a National Financial Inclusion Strategy World Bank FINANCIAL INCLUSION FINANCIAL REGULATION GENDER GAP FINANCIAL LITERACY A national financial-inclusion strategy (NFIS) helps policy makers, in coordination with a wide range of stakeholders, define objectives and outline a set of impactful, sequenced actions to accelerate progress toward achieving financial-inclusion goals. Achieving greater financial inclusion requires a deliberate, coordinated approach to identify barriers and opportunities, and a platform for diverse stakeholders to coordinate efforts to achieve shared financial-inclusion objectives. NFIS implementation typically involves operationalizing governance arrangements to oversee implementation, establishing a framework for monitoring and evaluation (M&E) to capture progress regularly, implementing action plans to achieve financial-inclusion targets, and making necessary adjustments to address changing landscapes. In 2018, the World Bank Group (WBG) released a toolkit that provides financial-sector authorities and other stakeholders with practical guidance on developing and operationalizing an NFIS. After launching an NFIS, many factors influence and shape progress and success, and no two countries travel the same path during NFIS implementation. This note aims to build on existing NFIS knowledge by sharing insights that have helped improve implementation postlaunch. When used together with the WBG NFIS Toolkit, this note aims to support countries that are working to draft, launch, and implement an NFIS effectively. 2021-08-30T21:42:24Z 2021-08-30T21:42:24Z 2021-06-25 Report http://documents.worldbank.org/curated/undefined/743511629195095174/Lessons-from-Implementing-a-National-Financial-Inclusion-Strategy http://hdl.handle.net/10986/36213 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Accountability Study
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	FINANCIAL INCLUSION FINANCIAL REGULATION GENDER GAP FINANCIAL LITERACY
spellingShingle	FINANCIAL INCLUSION FINANCIAL REGULATION GENDER GAP FINANCIAL LITERACY World Bank Lessons from Implementing a National Financial Inclusion Strategy
description	A national financial-inclusion strategy (NFIS) helps policy makers, in coordination with a wide range of stakeholders, define objectives and outline a set of impactful, sequenced actions to accelerate progress toward achieving financial-inclusion goals. Achieving greater financial inclusion requires a deliberate, coordinated approach to identify barriers and opportunities, and a platform for diverse stakeholders to coordinate efforts to achieve shared financial-inclusion objectives. NFIS implementation typically involves operationalizing governance arrangements to oversee implementation, establishing a framework for monitoring and evaluation (M&E) to capture progress regularly, implementing action plans to achieve financial-inclusion targets, and making necessary adjustments to address changing landscapes. In 2018, the World Bank Group (WBG) released a toolkit that provides financial-sector authorities and other stakeholders with practical guidance on developing and operationalizing an NFIS. After launching an NFIS, many factors influence and shape progress and success, and no two countries travel the same path during NFIS implementation. This note aims to build on existing NFIS knowledge by sharing insights that have helped improve implementation postlaunch. When used together with the WBG NFIS Toolkit, this note aims to support countries that are working to draft, launch, and implement an NFIS effectively.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Lessons from Implementing a National Financial Inclusion Strategy
title_short	Lessons from Implementing a National Financial Inclusion Strategy
title_full	Lessons from Implementing a National Financial Inclusion Strategy
title_fullStr	Lessons from Implementing a National Financial Inclusion Strategy
title_full_unstemmed	Lessons from Implementing a National Financial Inclusion Strategy
title_sort	lessons from implementing a national financial inclusion strategy
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/undefined/743511629195095174/Lessons-from-Implementing-a-National-Financial-Inclusion-Strategy http://hdl.handle.net/10986/36213
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Lessons from Implementing a National Financial Inclusion Strategy

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