Financial Inclusion in Papua New Guinea

Financial Inclusion: Why is it so important? Allows households to smooth consumption • Investment in education and health ► Drivers of long term economic growth and development Higher growth and lower inequality • Exploit business opportunities (SMEs) ▸ Leads to job creation • Financial services act as a bridge between economic opportunity and outcome • Policy relevance: understand of the restrictions/bottlenecks that prevent access to financial services by poorer households. Helps to build policy changes that will enable and empower households to use financial services. <口> 594 Davies & Nettuno Financial Inclusion in Papua New Guinea August 4, 2022 5/36

View entire presentation