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Centre for Excellence in Financial Inclusion

CEFI’s key role is to coordinate, advocate and monitor financial inclusion activities including coordinating stakeholder dialogue towards responsible financial service delivery and service quality, encourage innovation and strengthen financial sector industry development.

▬ Data ▬

Financial Inclusion Quarterly Reports 2023

Measuring progress towards financial inclusion is important for policymakers, financial institutions, and other stakeholders. Quarterly reports can provide valuable insights into the effectiveness of financial inclusion initiatives, the uptake of financial services by underserved populations, and the challenges that still need to be addressed.

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What we do

CEFI’S KEY INITIATIVES

THE NATIONAL FINANCIAL INCLUSION STRATEGY

CEFI works with the government and other stakeholders to develop and implement a national strategy to increase financial inclusion in PNG

FINANCIAL EDUCATION

CEFI develops and implements financial education programs to help people in PNG improve their financial literacy and make informed decisions about money.

AGENT BANKING

CEFI supports the development of agent banking networks, which allow people in remote areas to access basic financial services through local agents.

DIGITAL FINANCIAL SERVICES

CEFI works to increase access to digital financial services, such as mobile money and electronic payments, in order to expand financial inclusion in PNG.

The Inclusive Green Finance Policy (IGFP) Project

The Inclusive Green Finance Policy  (IGFP) Project was initiated in 25 June 2021 with the aim of greater understanding of climate resilience and inclusive green growth in PNG. IGFP marks the first step towards green finance in PNG, thereby facilitating future efforts to monitor, regulate, and promote green finance flows in the country. 

Finance Facility

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▬ Pre Negotiation ▬

The Centre for Excellence in Financial Inclusion

CEFI’s key role is to coordinate, advocate and monitor financial inclusion activities including coordinating stakeholder dialogue towards responsible financial service delivery and service quality, encourage innovation and strengthen financial sector industry development.

Policies & Strategies

View strategies and Policies

▬ Media Release▬

Empowering and Strengthening Financial Literacy for Smallholder Farmers in East and West New Britain Provinces

The Centre for Excellence in Financial Inclusion (CEFI) and the United Nations Development Program (UNDP), through its Conservation and Environment Protection Program, have partnered to enhance financial literacy for Smallholder farmers in the New Britain Islands.

A ten-day Training Needs Analysis (TNA) exercise was successfully conducted respectively in East New Britain province from February 3-7 and West New Britain province from February 10-14.

The TNA marks the beginning of a comprehensive six-month of 8 key project activities. This initiative aims to enhance financial literacy and financial inclusion by supporting sustainable integrated land use practices across New Britain Island. Under this program, CEFI is responsible for delivering tailored financial literacy training, facilitating bank account openings for smallholder farmers, and establishing Agent Banking Networks in two provinces. The goal is to empower smallholder cocoa farmers in East New Britain Province and smallholder oil palm farmers in West New Britain Province with essential personal financial management skills. This effort aims to bolster economic resilience within family households and ensure the sustainability of their agricultural enterprises within their respective communities.

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▬ Media ▬

Media Centre

▬Our ▬

Stakeholders

CEFI maintains strategic partnerships with a range of national stakeholders, including industry, donor and training partners, and the Government of Papua New Guinea.