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August 10, 2016
Access to banking: Critical to ending poverty
Deputy country director at United Nations Development Program Indonesia writes:
Financial inclusion is an important component of poverty alleviation. It is about increasing access to financial services, especially for the working poor, who typically rely on irregular, low-paid work in the informal economy.
In Indonesia, 36 percent of the population has a bank account and just 13 percent have borrowed from banks, compared with East Asia and the Pacific where the rate is 69 percent.
Francine Pickup
Deputy country director, Indonesia, United Nations Development Program
Read the full story
August 10, 2016
Access to banking: Critical to ending poverty
Deputy country director at United Nations Development Program Indonesia writes:
Financial inclusion is an important component of poverty alleviation. It is about increasing access to financial services, especially for the working poor, who typically rely on irregular, low-paid work in the informal economy.
In Indonesia, 36 percent of the population has a bank account and just 13 percent have borrowed from banks, compared with East Asia and the Pacific where the rate is 69 percent.
Francine Pickup
Deputy country director, Indonesia, United Nations Development Program
Read the full story