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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.

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F1 Data reports
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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. 

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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

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▬ Media Release▬

Kopkop Students visit CEFI

As part of their school program, Grade 10 students from Kopkop College visited the Centre for Excellence in Financial Inclusion (CEFI) for Day Two of their educational excursion in Port Moresby. The visit aimed to equip students with knowledge on financial inclusion, financial literacy, monetary and fiscal policy, savings, and budgeting.

During the session, students had the opportunity to open their very first bank accounts, a practical step towards financial independence.

In a Q & A with CEFI, four students shared their thoughts on opening their respective bank accounts for the first time.

Wilford Wangi said he felt happy and believed he would now have more control over his money. He added that he plans to save regularly.

Kaylah Mareva was excited and mentioned that having a personal account meant she no longer needed to rely on her parents. She looked forward to learning how to budget and save effectively.

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Stakeholders

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

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.

Contact Us

Head Office: 

Third Floor, Credit Corporation Building, Cuthbertson Street, Port Moresby

Phone: +675 322 5300

Email: info@thecefi.org

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