Financial health is a term intuitively easy to understand but, to be considered by policymakers, it needs agreed benchmarks and definitions. In 2021, Queen Máxima of the Netherlands began this codification exercise with her UN team. The Queen serves as the UN secretary general’s special advocate on inclusive finance. The goal is to include financial health considerations in the activity of regulators, watchdogs and financial companies.
In its latest annual report, Queen Máxima’s UN team stresses the importance of financial health as a policy driver, and reports on broader financial inclusion progress – where data are indeed improving. If you’re looking to start the week with some inspiring reading on what is possible, this is for you.
A service from the Financial Times