MDC Details
| Maya Declaration Commitment Target | Status | View |
|---|---|---|
|
Inform policy by tracking progress on a bi-annual basis using AFI core set of Financial Inclusion Indicators Bank of Uganda
Qualitative
Financial Inclusion Data
|
In Progress |
|
|
Increase the percentage of adult population (16 years+) formally financially included from 58% (FinScope survey 2018) to at least 80% by 2022 Bank of Uganda
Quantitative
Overarching National Goal
|
In Progress |
|
|
Increase the level of financial literacy through the continued implementation of the Strategy for Financial Literacy Bank of Uganda
Qualitative
Consumer Empowerment & Market Conduct
|
Completed |
|
|
Fast track the finalisation of the regulatory frameworks for Agent Banking and Tier IV financial institutions such as Savings and Credit Cooperative Organisations (SACCOs), Microfinance Institutions (MFIs), and Self Help Groups (SHGs) Bank of Uganda
Qualitative
Agent Banking
|
Completed |
|
|
Support the use of innovative technologies based on mobile money platforms to increase access to financial services to the unbanked Bank of Uganda
Qualitative
E-money
|
Completed |
|
|
Reduce barriers to access by dialoguing with financial institutions based on barriers to access identified in the demand side survey (FinScope III survey 2013) such as costs related to opening an account Bank of Uganda
Qualitative
Other
|
Completed |
|
|
Enhance trust and transparency between financial institutions and clients by strengthening financial consumer protection on the regulatory level and promoting public awareness of consumer rights and responsibilities Bank of Uganda
Qualitative
Consumer Empowerment & Market Conduct
|
Completed |
|
|
Increase the percentage of adult population with bank accounts from 32.8% in 2013 to 39.5% in 2017 Bank of Uganda
Quantitative
Overarching National Goal
|
Completed |
|
|
Increase % of populations with KYC ID from18% in 2010 to 59% by 2015 and to 100% by 2020 Central Bank of Nigeria
Quantitative
Global Standards
|
In Progress |
|
|
Increase agents from 0 per 100,000 adults in 2010 to 31 per 100,000 adults by 2015 and to 62 per 100,000 adults by 2020 Central Bank of Nigeria
Quantitative
Agent Banking
|
In Progress |
|