About six years ago,I had a long chat with a friend, she said, “the fallacy of GDP Index figures is that Carlos Slim networth of $76bn(at the time)is mathematically and ideally shared by every Mexican. So they post a higher GDP but looking at inclusion, it doesn’t make sense.Development cant make sense with empty highways and apartments. The more you make policies which seem to be against the poor, the more they feel less part of the government leading to gangs, drug cartels, child trafficking. She also pointed out that whereas term limits are good, she said the 6 term limit which is once for every president has lots of disadvantages, that because of lots of money injected into campaigns, there is a lot of corruption because leaders know they have less than six years to get That’s when I was introduced to Financial Inclusion.
In 2015 , I read a report,”By the Numbers, Benchmarking Progress Towards Financial Inclusion” and it was raising key questions.
Financial inclusion is a state in which everyone who can use them has access to a range of quality financial services at affordable prices, with convenience, dignity, and consumer protection, delivered by a range of providers in a stable, competitive market to financially capable clients. The purpose of promoting financial inclusion is to enable people to use financial services to better manage their lives. A fully included person is an active user of quality financial services that bring significant value to their lives. Progress on access to an account must be accompanied by further efforts to achieve deeper inclusion. In low and middle income countries, the percent of account holders who deposit or withdraw more than three times per month remains very low, a direct contrast to the active usage patterns seen in high income countries. Accounts in these countries tend to be limited in purpose (e.g. a vehicle to receive a salary or benefit payment which is promptly cashed out). Work is needed to make accounts more useful to more people. Key to note is financial capability, and where will they be located? How can the push to financial inclusion retain a focus on quality and value for the customer? I am ga report, it opens up an interesting discussion on an enabling ecosystem including policy, regulation, and industry infrastructure.
Its 2021, Financial inclusion is measured in three dimensions: (i) access to financial services; (ii) usage of financial services; and (iii) the quality of the products and the service delivery. The emergency of mobile telecoms as mobile wallets gives the term a new twist because in the early days, financial services was restricted to formal institutions but we have to take that in being mindful of the quality of services.
Financial Inclusion, which means that individuals and businesses have access to useful and affordable financial products and services that meet their needs (such as transactions, payments, savings, credit and insurance).I earlier had concerns with mobile money but subsequent legislation has addressed that.
Mwene 
Interest statistics.
Now BOU is the current supervisor, telcos are the New banks
They surely are. We need wide spread adoption of the same.
I entirely agree.