Infrastructure Financing: A Road Ahead

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Financial Infrastructure broadly comprises the underlying foundation for a country's financial system. Poor financial infrastructure in many developing countries poses a considerable constraint upon financial institutions to expand their offering of financial services - credit, savings and payment services - to underserved segments of the population and the economy. Key financial infrastructure elements that every developed market can rely on, are credit bureaus, enforcement of collateral and functioning payment, securities settlement, and remittance systems. These key elements are vital to facilitating greater access to finance, improving transparency and governance, as well as safeguarding financial stability in global financial markets.