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Lauding that the Nepal has been progressing ‘slowly and steadily’ in the journey of achieving the Sustainable Development Goals (SDGs) by 2030, she also said that the initiative is a very good opportunity for Nepal which has been championing the SDGs and currently implementing the federal structure. <br />
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“This portal will help both government and the central bank for the development of financial infrastructure toward increasing the financial access which is a must for the economic growth of the country,” said NRB Governor Nepal, delivering his keynote speech during the launch. <br />
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October 1: Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has said that the availability of data and information on banking and financial access and inclusion helps the government in formulating necessary policies and programs targeted at the rural areas.
Speaking at the launch of Nepal Financial Inclusion Portal in the capital on Sunday, September 30, NRB Governor Nepal said that the portal will provide information and data from the rural parts of the country where the government and regulators can’t reach immediately.
“It is very important for policymakers as they can develop policies and financial strategies by looking at this portal,” said NRB Governor Nepal.
“This portal will help both government and the central bank for the development of financial infrastructure toward increasing the financial access which is a must for the economic growth of the country,” said NRB Governor Nepal, delivering his keynote speech during the launch.
The Nepal Financial Inclusion Portal, launched by the NRB Governor Nepal, is an innovative tool to help regulatory bodies, financial service providers and infrastructure providers build in-roads to help the financially excluded become financially independent. It enables commercial banks, development banks, finance companies, microfinance companies and non-bank payment service providers to report their data in a systematic manner.
NRB with the support of the United Nations Capital Development Fund (UNCDF) has set up the portal which provides real-time information and data to map out a realistic picture of the financial access and the usage. Some of the core functions of the portal are measuring financial inclusion and generating analytical reports to facilitate data-driven policy intervention.
Also speaking at the ceremony as a keynote speaker, Ayshanie Medagangoda-Labe, deputy country director of the UNDP, said that the financial inclusion and access can be increased through literacy and use of technology.
She pointed out various barriers for the financial inclusion like lack of literacy, distance that people have to travel, lack of saving and income and trust in banking or financial institution.
Lauding that the Nepal has been progressing ‘slowly and steadily’ in the journey of achieving the Sustainable Development Goals (SDGs) by 2030, she also said that the initiative is a very good opportunity for Nepal which has been championing the SDGs and currently implementing the federal structure.
The Nepal Financial Inclusion Portal aims to help the central bank and the government to identify the areas that need financial access points, the reason for the need and scale should the financial access point operate.
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'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '20',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'nroy@newbusinessage.com',
'name' => 'Neeraj Roy',
'email' => 'nroy@newbusinessage.com',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '1',
'created' => '0000-00-00 00:00:00',
'last_login' => '0000-00-00 00:00:00',
'ip' => ''
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '9215',
'hit' => '1501'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
