Queen Máxima of The Netherlands was in Mexico last week to attend the official launch of the country’s ‘National Policy for Inclusive Finance’ on Tuesday, 21 June in her capacity as the UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA).
The launch of the national policy came during the International Forum for Financial Inclusion which took place at the National Palace in Mexico City, Mexico and was attended by the President of Mexico, Enrique Peña Nieto.
Developed by a coalition of the Mexican Ministry of Finance and Public Credit, the National Commission for Responsible Banking, the Central Bank of Mexico and other partners the financial policy aims to provide access to the financial systems to all Mexicans. It will do so by giving them the opportunity to control their savings and pay for services by electronic payment systems which will increase access for many.
Queen Máxima spoke in her capacity as UNSGA at the event, emphasizing the importance of this new financial policy for the country and praising the progress made in Mexico in the financial field in her speech.
Queen Máxima was invited to her role as UN Secretary-General’s Special Advocate for Inclusive Finance for Development by UN Secretary General Ban Ki-Moon in September 2009, when she was still Her Royal Highness, Princess Máxima. The purpose of the role of the UNSGSA is to ‘foster action by governments, private sector, financial system standard setters, and others towards a more inclusive financial system that works for the poor’.
In her role, Queen Máxima has focused on how formal financial services can prevent people from falling into poverty due to the expenses of healthcare and how there are people who are unable to protect or feed themselves because they don’t have access to basic savings accounts.
Following the International Forum for Financial Inclusion Queen Máxima met privately with President Peña Nieto.