UNCDF has been operating in Myanmar since 2012 with a capital mandate to expand savings-led financial inclusion and use localised investments to drive poverty reduction and sustainable development.
The Making Access Possible (MAP) Financial Inclusion Diagnostic and Financial Inclusion Roadmap Myanmar provide the foundation for our in-country programmes and interventions, which contribute to a number of Sustainable Development Goals (SDGs).
In 2020, a new Financial Inclusion Roadmap will be launched in conjunction with the Government of Myanmar, as the nation’s highest-level financial inclusion policy document.
Click on the regions in the map below to download information about their state of financial inclusion (2018):
Expanding Financial Access (EFA)
UNCDF Myanmar is currently implementing the Expanding Financial Access (EFA) country programme, aimed at increasing formal financial access in Myanmar. EFA seeks to improve financial service access and usage to achieve equitable, sustainable and inclusive growth within the UN’s Sustainable Development Goals (SDGs) and the Myanmar Sustainable Development Plan (MSDP). It also includes initiatives such as Digital Financial Services (DFS), Women’s Economic and Financial Inclusion (WEFIP), and the Market Development Facility (MDF).
The key outputs of EFA include:
- Strengthening the policy and regulatory environment, including enhancing the capacity of the regulators to implement the Financial Inclusion Roadma
- Strengthening the capacity of targeted FSPs and cooperatives to deliver financial services accounting to global standards through tools and targeted technical assistance.
- Cultivating knowledge management and sharing to enable dynamic adaptation of the project over time, encourage relevant learnings and adaptation on local, regional and global levels on global financial inclusion agendas.