G20 Development Working Group Submissions slide image

G20 Development Working Group Submissions

Saint Petersburg Accountability Report on G20 Development Commitments Other Actions 37. "Commit to pursuing our efforts on the five recommendations put forward in the GPFI report under the Mexican Presidency". [The five recommendations are to: encourage implementation of the G20 principles; encourage SSBs to consider the GPFI White Paper recommendations; launch the SME Finance Forum; mobilize SME financing; request the IMF to continue and strengthen its supply-side data collection effort with the support of the IFC and CGAP; strengthen data collection] (2011 Leaders' Declaration). 38. "Call on the OECD/ International Network on Financial Education (INFE) and the World Bank in cooperation with the GPFI to deliver further tools to promote financial education" (2012 Leaders' Declaration). Rec 1: (Feb 2012): Leaders welcome 17 country commitments to create cross-sector coordination mechanisms and national strategies under G20 Financial Inclusion Peer Learning Program; and 35 Maya Declaration commitments advancing the implementation of the principles. Rec 2 (Oct 2012): A GPFI high-level conference with 5 global SSBs focuses on Proportionate Standards and Guidances. Ongoing SSB engagement takes place. Rec 3 (April 2012): SME Finance Forum (www.smefinanceforum.org) is launched. Rec 4: Significant funding is mobilized and efforts are ongoing. Rec 5: Efforts to strengthen data collection are underway: the IMF expands the questionnaire for its Financial Access Survey from 2012 onward; the global demand-side data are strengthened through the 2012 launch of the Global Findex; March-July 2013: finance ministers anticipate expansion of G20 Basic Set of Financial Inclusion Indicators with an Advanced Set of Financial Inclusion Indicators to be published and data sources identified in 2013. September 2013: The G20 Russia's Presidency/OECD publication on National Strategies for Financial Education and practical tools for financial literacy measurement and evaluation of financial education programs. July 2013: The Russian Trust Fund presents a set of practical recommendations, guidances and tools to measure financial literacy and capability and evaluate financial education programs On-track: An Advanced Set of Financial Inclusion Indicators was presented at the Finance Ministers' Meeting in July 2013 T: 2013 On-track: The Russian Trust Fund outputs are presented to the July 2013 Finance Ministers' Meeting; and a progress report - to the September 2013 Summit. 817 Chapter 2 Implementation of G20 Commitments on Development T: September 2013 (report)
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