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30 Days of Demonetization in India

Posted by Bhavya Paliwal

At midnight on November 8, 2016, Mr. Narendra Modi, the Prime Minister (PM) of India, declared in a broadcast to the nation that the two highest currency notes—Rs. 500 and Rs. 1000—would immediately cease to be legal tender. This move was considered a very drastic and bold step, especially since nearly 86% of all the currency by value in India was in the form of either Rs. 500 or Rs. 1000 notes.

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Financial Inclusion 2020: Can the rest of Africa catch up with Kenya?

Posted by Ibijoke Oke

Pursuant to its mission of ending poverty, the World Bank Group, in partnership with thirteen other institutions, has set out to achieve universal financial access by the year 2020. This goal has been termed Financial Inclusion 2020 – a goal to provide two billion people in 25 focus countries access to basic financial services by the… Read more »