Philippines creates financial inclusion steering committee

philippines-manila
Manila, Philippines

A financial inclusion steering committee has been formally established in the Philippines, chaired by the central bank and comprising representatives of a further 12 government agencies.

Philippines' financial system has "become more inclusive over the years", the country's president noted in the executive order creating the committee, but "opportunities still remain".

The committee was initially formed in 2015, as the same 13 agencies compiled and launched a national strategy for financial

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