This component aims at improving the financial infrastructure and regulatory framework to enhance financial inclusion. The component builds on activities supported under the Financial Sector Technical Assistance Project (FSTAP). Specifically, this component will finance activities to increase use of digital financial services (DFS) for MSMEs; improve the effectiveness of the credit referencing, movable asset registry, and business insolvency framework and systems; and increase financial literacy and consumer protection with the aim of increasing eligibility for MSMEs to access finance and grow
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