FSD Lead Topics
Financial sector development (FSD) are part of SDC’s efforts to reduce poverty in partner countries by enabling access for the poor and vulnerable communities to financial services, what is known as «financial inclusion». Financial inclusion means that individuals, households and businesses have opportunities to access and the ability to use a range of appropriate financial services that are responsibly and sustainably provided by formal financial institutions. Up to 1.7 billion people worldwide are excluded from the financial system. Financial inclusion is not an end to itself but highlighted as a target in many of the Sustainable Development Goals (SDGs). Hence, financial sector development and financial inclusion is key as an enabler of the Sustainable Development Goals (SDGs).
