Covid-19 also impacts financial sector development. The cases below illustrate some of the emerging best practice examples of the Covid-19 response by SDC projects on financial sector development.
The current phase of the Inclusive Markets project (2017-2021) in Bolivia has the main objective to improve the living conditions and reduce poverty of agricultural producers, craftsmen and women, young people and entrepreneurs in the Andean high plateaus and valleys who are particularly vulnerable to the effects of climate change and food insecurity. Due to the Covid-19 pandemic the food security in Bolivia has reduced and the access to markets and financial products and services has become more difficult. Read more about the measures the project has taken to bridge temporary liquidity shortages of farmers and producers and how an interruption of food supply chains was prevented.