Financial Inclusion as a critical cog for development (Prt 3)
Friday, July 05, 2024 | 120 Views |
Sharing knowledge: Mambure
While it may seem obvious, it is important to highlight that if people are not financially included, they are financially excluded. Period! There is no middle road. It is therefore important to discuss how of the factors supports financial inclusion.
In their paper, “Determinants of Financial Inclusion in Africa: A Dynamic Panel Data Approach”, published in 2016, Olaniyi Evans and Babatunde Adeoye identified factors that cause exclusions notably structural and policy factors. In this piece we will focus on the policy side of issues not as exclusionary factors, but rather how they support financial inclusion.
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...