Over 21,000 people trained in financial literacy

The Centre for Excellence in Financial Inclusion has reported a successful 2017.

The Centre’s financial inclusion trainings and programs impacted the lives of more than 10,000 Papua New Guineans, 43 percent of them being women and girls.

More than 21,000 people received financial literacy training through the banking education programs.

This includes 8,000 students in 108 schools.

Girls and women have been given the opportunity to be smarter in handling their finances.

Participants described the training as an eye-opener and one that gave them confidence to make better decisions.

The basic skills of budgeting and savings are aimed at helping Papua New Guineans to be financially literate to better manage money.

The Centre of Financial Inclusion director, Saliya Ranasinghe, said financial literacy is very important for the nation and that it is vital to continue bringing these trainings to the people.

He added that people should have the skills and knowledge on how to save and budget to be able to use services and products provided by financial institutions and to better their lives.

Author: 
Carolyn Ure