Achieving Financial Inclusion: Whatever It Takes

Abstract

This paper presents some policy ideas on how to achieve high levels of financial inclusion. It explores a number of policy options that can be used to achieve greater levels of financial inclusion. The paper argues that high levels of financial inclusion can be achieved by reducing interest rate; introducing conditional low interest rate; supporting monetary policies with welfare payments; reducing taxes; using targeted government spending; supporting fiscal policies with tax rebate, tax holiday or tax exemption; grant tax rebate to financial institutions; financial inclusion-environment decoupling; and de-risking the financial system.

The Role of Fintech in Financial Inclusion (Case Study of MSME Entrepreneurs in Surabaya)

“…This means that Hypothesis 1 is accepted. This research is in line with what has been carried out by previous research conducted by Ozili, 2022;Herispon, 2019;Bire, et al 2019;Agustina, 2022. -Hypothesis 2 (Perceived Usefulness has no influence on Financial Inclusion): The results of testing the second hypothesis show that the relationship between the Perceived Usefulness variable and Financial Inclusion shows a path coefficient value of 0.278 with a t value of 1.956. This value is smaller than the t table (1.960).…”