Question

How to develop a financial inclusion index for state?

Answer 1

Financial inclusion indicators can be used to help set national financial inclusion targets and monitor progress in reaching them. When policymakers have reliable performance indicators and survey mechanisms, they can:

diagnose the state of financial inclusionagree on targetsidentify barrierscraft policies andmonitor and measure policy impact

Country-level data and diagnostic assessments inform the design and help sequence reforms. The same data also helps the private sector improve the design and delivery of financial services.