8th meeting of Eastern Europe, Central Asia Policy Initiative held virtually

2021-10-20 15:47:52

Ulaanbaatar/MONTSAME/. Alliance for Financial Inclusion (AFI) organized the 8th Eastern Europe Central Asia Policy Initiative (ECAPI) Expert Group on Financial Inclusive Policy (EGFIP) meeting, on October 14, 2021. The meeting focused on providing feedback and updates on the development of 2021 deliverables, and finalizing the 2022 action plan.

On behalf of the FRC Mongolia - as Chair of ECAPI - Mr Enkhbaatar (Director, International Cooperation Department) stated in his opening remarks, “First of all, I would like to take this opportunity to extend my warmest gratitude to all ECAPI members and AFI staff, for your valuable cooperation, ceaseless efforts and dedication, in improving financial inclusion in Eastern Europe and Central Asia.  ECAPI (one among five regional initiatives) is an excellent cooperation platform, providing us with broad opportunities to exchange best practices, harmonize approaches, and resolve challenges in strengthening regional cooperation in financial inclusion. Today’s meeting is important to summarize the results and outcomes of measures that we have completed during the last few months, to brainstorm new ideas and initiatives, and to discover further actions that are required for consideration. For example, as stated in our Action Plan 2022, some knowledge products (such as Financial Education in Schools) demand members’ active participation in order to be developed.”

ECAPI consists of the FRC of Mongolia, Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan, Central Bank of Armenia, Central Bank of Russia, Central Bank of Uzbekistan, National Bank of the Republic of Belarus and the National Bank of Tajikistan.

Source: frc.mn

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