Developing Countries: Financial Services

International Development written question – answered on 10th September 2012.

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Photo of Andrew Jones Andrew Jones Conservative, Harrogate and Knaresborough

To ask the Secretary of State for International Development what steps her Department is taking to support access to financial services in the developing world.

Photo of Alan Duncan Alan Duncan The Minister of State, Department for International Development

DFID plans to help more than 50 million people and 200,000 small businesses access savings, credit and insurance over current spending review period (2010-11 to 2014-15).

DFID is also working with the private sector to design, pilot and increase the scope of new financial services products, including to improve ways of delivering these products.

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