SINGAPORE - The Republic will work with its global development partners to make essential financial services more accessible for people and businesses that have been left out of the financial system. Read more at straitstimes.com.
International Finance Corporation (IFC), Monetary Authority of Singapore (MAS) and World Economic Forum (the Forum) today signed a Memorandum of Understanding to collaborate on initiatives to advance digital inclusion [1] through financial services, with the aim of reducing inequalities for people and smaller businesses in emerging and developing economies. The partnership will focus on finding ways to better mobilize financing to make digital services more affordable and accessible for.