Tag: global partnership for financial inclusion

NEW DELHI: G20 finance ministers and central bank governors have "unanimously endorsed" financial inclusion and digital public infrastructure - a key theme during India's presidency - to support inclusive growth and sustainable development.Remittances are the other thrust area of the Global Partnership for Financial Inclusion (GPFI), with the idea being to reduce the average global costs of transferring remittances to 5%, and subsequently to under 3%.GPFI has identified using digital financial inclusion through the deployment of "secure and responsible digitally enabled financial services and products" to reach out...