Moderator: GABRIELA FRIAS, CNNe 

• MIN ZHU, Deputy Managing Director, IMF

• LILIANA ROJAS-SUAREZ, Senior Fellow, Center for Global Development

• RAGHURAM RAJAN, Reserve Bank of India, Governor

• ALFRED HANNIG, AFI Executive Director

• CAROLINA TRIVELLI, former minister of Social Inclusion, Peru

This IMF Flagship Seminar will be a discussion on the macroeconomic benefits and trade-offs with financial stability in promoting financial inclusion. Financial inclusion is distinctly moving up the reform agenda, both in individual countries and at the international level. To date, more than 60 governments across the world have set financial inclusion as a formal target. This year’s post-2015 Development Agenda squarely puts financial inclusion as a key objective for United Nations member countries. Despite progress, large gaps remain in financial inclusion: across regions, income, gender, and many other dimensions. New evidence is emerging on the macroeconomic effects of financial inclusion. While most types of financial inclusion could contribute to growth, a few types could also contribute to financial and economic instability.