Financial institutions and governments have been working for years to leverage digitized G2P for women’s financial inclusion and economic empowerment. COVID-19 has increased the stakes, as governments look to use G2P programs to strengthen women’s resilience. New research from Women’s World Banking offers insights on Indonesia’s PKH program, the country’s largest conditional cash transfer.
The financial impact of COVID-19 has been hitting the poor. Governments are adjusting cash transfer programs and utilizing national payment systems to mitigate these negative impacts. This blog reviews responses from Latin America, Asia and Sub Saharan Africa where governments with limited resources are coming up with innovative solutions to the crisis.
As part of its program to facilitate exposure visits to India for governments across the globe, MSC has documented India’s journey towards financial inclusion and digital governance. The first module of this series was Aadhaar. The second module of this series is PMJDY.