Publication

Myanmar Financial Inclusion Roadmap 2019–2023

  • May 12, 2020

  • Publications, guides and communication materials

Summary

The Financial Inclusion Roadmap has been prepared as part of the Making Access Possible (MAP) Myanmar Programme 2018.

The initial MAP Myanmar programme was rolled out in Myanmar in 2014 and included a MAP Diagnostic analysis that was based on the 2013 FinScope demand side survey. A Financial Inclusion Roadmap was also developed as part of the process, and this has been partially implemented over the past three years from 2014 – 2020. Given the fast changing pace of Myanmar’s financialmarkets, the limited life of demand-side data, and the need to finetune the focus of national financial inclusion activities, a 2018 MAP study was undertaken to update the financial inclusion priorities and to generate a revised Roadmap. The follow-up MAP Diagnostic was completed in November 2018.

The 2018 Myanmar MAP initiative was approved by the Financial Inclusion Inter-Ministerial Steering Committee (IMSC) in October 2017. The IMSC consists of members representing relevant government departments and agencies, Development Partners and the private sector. The key documents produced as part of the MAP 2018 include: (i) the FinScope 2018 Demand Side Survey; (ii) The Myanmar MAP Diagnostic Report, 2018; (iii) the MAP State and Region Financial Inclusion Report, 2018; and the (iv) MAP Myanmar financial Inclusion Gender Report, 2018. The MAP Diagnostic Report provides insights into the progress attained in financial inclusion nationally over the past five years, and suggests areas of focus going forward. This has thus provided a firm foundation for the preparation of this updated Roadmap.

The Roadmap 2019 – 2023 has undergone extensive stakeholder feedback since the original draft to ensure it reflects realistic priorities going forward, and has set forth a renewed vision and targets for the years ahead.

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