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MDC Details

Maya Declaration Commitment Target Status View

Develop methodology for collecting financial inclusion data

Reserve Bank of Malawi

Qualitative Financial Inclusion Data
Completed

Develop an optimal transparent pricing strategy to ensure affordable financially inclusive products and services

Reserve Bank of Malawi

Qualitative Consumer Empowerment & Market Conduct
Completed

Develop a national financial literacy and consumer education strategy by June 2012

Reserve Bank of Malawi

Qualitative Consumer Empowerment & Market Conduct
Completed

Increase number of banked individuals (among adult bankable population) from the present 19% to 40% by 2014

Reserve Bank of Malawi

Quantitative Overarching National Goal
Completed

Reduce the percentage of adult Nigerians that are excluded from financial services from the current 46.3% to 20% by 2020

Central Bank of Nigeria

Quantitative Overarching National Goal
In Progress

Launch national financial inclusion strategy

Central Bank of Nigeria

Qualitative National Strategy on Financial Inclusion
Completed

Implement national financial inclusion strategy

Central Bank of Nigeria

Qualitative National Strategy on Financial Inclusion
In Progress

Let us take financial inclusion beyond the frontiers of commitment to a walk of life. That is our commitment, and hence, everyone present here should start believing financial inclusion as a faith and part of daily life, beyond a time-based activity and responsibility.

State Bank of Pakistan

Qualitative National Strategy on Financial Inclusion
Completed

Enable all adults to have a deposit account in an appropriately regulated financial institution, in order to save and access credit, payments, remittances, and microinsurance. In 2011, only about 50% of adults have deposit accounts.

Bangko Sentral ng Pilipinas

Quantitative Overarching National Goal
In Progress

Coordinate initiatives of financial regulators to encourage the roll out by the private sector of innovative products and services that are responsive to the requirements of the poor.

Bangko Sentral ng Pilipinas

Qualitative National Strategy on Financial Inclusion
In Progress