LIMA, PERÚ - OCTUBRE 08. Seminario de Inclusión Financiera. Participan, Carolina Trivelli, exministra de Inclusión Social del Perú, Min Zhu, subdirector gerente del FMI, Liliana Rojas, miembro principal del Centro para el Desarrollo MundialRaghuram Rajan, gobernador del Banco de Reserva de la India y Alfred Hanning, director Ejecutivo de la Alianza para la Inclusión.
Foto: ANDINA/Juan Carlos Guzmán Negrini.
Financial inclusion works properly supporting development of small and medium-sized enterprises (SMEs) in Latin America and emerging countries, although homes lag behind in access to such service, IMF Deputy Managing Director Min Zhu affirmed.
During the seminar “Financial Inclusion: Can It Meet Multiple Macroeconomic Goals?” he said financial cost is still high for emerging markets and the information required to reach such benefit is still bewildering, just to name one of the obstacles.
“Financial inclusion for SMEs works well in Latin America, as well as in emerging markets, but this tool has fallen behind in home access,” he stated.
Mr. Zhu believes there is a connection between economic growth and financial inclusion, and this percentage varies across countries where it is implemented.
“Financial inclusion is a major vehicle for growth. Investments will experience changes if we approach people rapidly,” he noted.
(END) JCC/JJN/RMB/MVB
Published: 10/8/2015