The Partnership for Economic Inclusion Annual Report 2020 details the operational activities of the PEI Multi-Donor Trust Fund (MDTF) from July 2019 through June 2020. Following the start-up period of the MDTF, which began operations in March 2019, efforts have focused on the development and scale-up of national economic inclusion programs for extremely poor and vulnerable populations. In FY20, PEI, engaging a dynamic network of partners and affiliates, executed a robust workplan with shared goals, clear results, and accountability. Given PEI’s focus on intertwined results—the adoption of scaled, government-led economic inclusion programs and the creation of a cutting-edge platform for global learning and knowledge—the workplan leveraged the partnership, addressed important knowledge gaps, and enhanced program communications.