MDC Details
| Maya Declaration Commitment Target | Status | View |
|---|---|---|
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To optimize the results through knowledge sharing and effective coordination of stakeholders, including development partners and private sector driven through the coordinating body -the Centre for Excellence in Financial Inclusion (CEFI). Bank of Papua New Guinea
Qualitative
Other
|
In Progress |
|
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To promote regular collection and utilize financial inclusion data to inform policy making and track results of financial inclusion in PNG. Bank of Papua New Guinea
Qualitative
Financial Inclusion Data
|
In Progress |
|
|
To increase gender based financial inclusion in Papua New Guinea by enabling women to access, and effectively operate, useful and affordable financial products and services that meet their needs through the implementation of Gender Equity and Social Inclusion (GESI) Policy. Bank of Papua New Guinea
Qualitative
Gender Inclusive Finance
|
In Progress |
|
|
To begin the process of integrating financial inclusion in local and national government structures. Bank of Papua New Guinea
Qualitative
Other
|
Completed |
|
|
To strengthen consumer protection by developing regulations and issuing guidelines that promotes fair pricing and strengthens complaints handling mechanisms. Bank of Papua New Guinea
Qualitative
Consumer Empowerment & Market Conduct
|
In Progress |
|
|
To create an enabling environment to harness new and emerging technology that increases access to financial services and financial literacy that lowers cost of financial services and to promote and assist individuals and businesses including SMEs to use technological innovation. Bank of Papua New Guinea
Qualitative
Digital Financial Services
|
In Progress |
|
|
To lead efforts to create a financially competent generation of Papua New Guineans through financial education and financial literacy. Bank of Papua New Guinea
Qualitative
Consumer Empowerment & Market Conduct
|
In Progress |
|
|
A new target 3rd National Financial Inclusion Strategy (NFIS) 2022-2027 to reach extra additional 2.0 million adult bank accounts in PNG, 50% of whom will be women usage of bank accounts to excess the other financial services and products. These new accounts will add to the existing number of accounts of the adult population. Bank of Papua New Guinea
Quantitative
Overarching National Goal
|
In Progress |
|
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The development of a conducive regulatory environment [for fintech] that apply proportionality without stifling the innovation Central Bank of Jordan
Qualitative
Digital Financial Services
|
Completed |
|
|
Encourage innovation in the financial industry, and embracing Fintech startups and entrepreneurs with priorities to innovation that enhances outreach and usages of financial services in a more cost efficient manner, and provide them with a regulatory sandbox by end of September 2018 Central Bank of Jordan
Qualitative
Digital Financial Services
|
Completed |
|