MAP Botswana Financial Inclusion Refresh 2021
Botswana is moving towards the 2021 goal of reducing financial exclusion to 12% or increasing usage of more than one type of formal financial service to 57%.
We have launched a COVID-19 Tracker, The survey themes include health and risk behaviours, food security, income, work and job security, personal safety concerns, and access to government and community support. www.covid19tracker.africa
Financial services are abstract and complex and require an inclusive, well-developed policy and regulatory framework to support financial inclusion and financial market development.
A well-developed policy and regulatory environment ensures that the market operates efficiently and at scale, whilst also taking into account the needs of all of the stakeholders that participate in it – both consumers and providers. FinMark Trust supports the development of these frameworks through the creation of research reports, regional guidelines, as well as supporting government directly in policy development. These efforts cover a wide variety of topics, from consumer protection, to prudential regulation, to AML/CFT to name a few.