The findings of the study show that Covid-19-related constraints harmed the people working in the informal economy, including through decreased economic activity and corresponding income. This report shows that financial inclusion is a challenge in the transition toward the formal economy, which implies the need to foster access to education, financial literacy, banking and financial services, and the use of digital tools, as well as the capacities of the organizations representing the informal actors.

The study highlights the urgency of extending social protection to workers in the informal economy by reforming the social security system in a way that allows for greater adherence through constant social dialogue.