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35829: Philippines: Country-Level Savings Assessment

This report summarizes the results of the Consultative Group to Assist the Poor's (CGAP) country-level savings assessment in the Philippines. The assessment was conducted to test a Country Savings Assessment Toolkit under development as part of CGAP's Savings Initiative.1 The purpose of the toolkit is to help government agencies, donors, international networks, and technical service providers define potential strategies for increasing poor people's access to high-quality deposit services. The toolkit examines evidence on demand for deposit services among poor populations, and identifies opportunities and constraints to meeting that demand. It examines three levels of the financial system: 1) the capacity for small-deposit mobilization among financial service providers ("micro" level); 2) financial infrastructure and second-tier support for the micro-level institutions to reach scale ("meso" level) and 3) public policies and government entities that create an enabling environment (or not) for savings mobilization ("macro" level). It concludes by identifying promising strategies to improve the quality and quantity of deposit services available to poor and low-income households.

World Bank
Authors Keywords
World Bank; financial sector; macroeconomic policy; macroeconomic stability; financial sector reforms;
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