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Indonesia facilitates UN negotiations on financial inclusion

Illustration. (Photo by Michael Longmire on Unsplash)

Jakarta (Indonesia Window) – The Indonesian delegation facilitated negotiations on the resolution of the Financial Inclusion for Sustainable Development on Thursday (21/11).

Specifically, this resolution discussed financial inclusion that can identify and overcome funding gaps in order to enhance the community economic development, the Indonesian Ministry of Foreign Affairs reported as quoted by Indonesia Window here, Friday.

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This resolution also addressed digital innovations in the financial sector that have given significant contributions to the development of fast financial service access.

The resolution encourages the improvement of responsible digital financial practices and promotes existing regulations.

In the final stage, the draft resolution will be ratified on November 27, 2019 at the UN General Assembly Two Committees.

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Reporting by Indonesia Window

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