CGAP blog series identifies unique financial inclusion priorities across all regions
WASHINGTON, March 14, 2013 /PRNewswire-USNewswire/ -- In a current CGAP.org blog series, CGAP's regional representatives comment on the highlights in financial inclusion from a regional perspective. Every region has its own unique landscape of issues, and this series identifies the priorities in Sub-Saharan Africa, Eastern Europe and Central Asia, Latin America, East Asia and the Pacific and the Middle East and North Africa.
Priority issues differ greatly between regions. In Eastern Europe, for example, concerns persist over a growing confusion between commercial, high-interest consumer finance and traditional social purpose microlending. In Latin America, however, concerns are focused on increasing consumer debt and the possible development of a debt bubble. Other posts in the series address the economic opening of Myanmar, the commitment of the Nigerian government to bring financial exclusion down 20% by 2020, and political/economic progress in the Middle East.
While operating as a global organization, CGAP has regional teams working in countries across the world that help to advance CGAP's priority areas at a local and regional level. They deepen outreach and advocacy efforts, collect on-the-ground market intelligence, and integrate local priorities into CGAP's global agenda.