The G20's Global Partnership for Financial Inclusion (GPFI) advances access to affordable financial services for underserved populations, focusing on digital payments, MSME finance, and financial _____.
- literacy
- regulation
- speculation
- consolidation
Answer: literacy
GPFI promotes policies and innovations to expand inclusive finance: mobile money, agent banking, credit bureaus, and consumer protection. Financial literacy empowers users to make informed decisions, avoid over-indebtedness, and benefit from formal financial services for resilience and opportunity.