Youth Financial Inclusion Policy Framework
In many developing countries, youth are the largest and fastest-growing segment of the population and have the potential to drive economic growth. Yet young people face numerous barriers to economic participation, from insufficient educational opportunities to an absence of jobs when they transition out of school. With limited options to generate income, they opt for self-employment. However, their earnings potential is stymied by a lack of financing tools to invest in their businesses and increase their income.
Based on AFI members experiences, this policy framework provides regulatory and policy approaches recommended to advance the youth financial inclusion agenda, along four dimensions:
- Data Collection.
- National Strategies.
- Regulatory Reforms.
- Public Policies and Non-Regulatory Interventions.