Measuring Progress 2020: Financial Inclusion in selected ASEAN countries
Financial inclusion plays a key role in achieving Vision 2025 in ASEAN, in terms of economic, human and social development. Financial inclusion initiatives in ASEAN serves to support the economic pillar of the Vision 2025 blueprint, by strengthening regulations and financial infrastructure, supporting the micro small and medium enterprises (MSMEs) sector, and facilitating the seamless movement of goods, services, capital, and labour.
This report serves as an annual reflection on progress on these measurable indicators on financial inclusion, based on an assessment of data availability and collection processes at national level. This reporting framework enables an assessment of the effectiveness of the implementation of the National Financial Inclusion Strategy (NFIS) to achieve the desired outcome. This will aid policy making and inform if there are adjustments needed in the NFIS implementation.