Date: January 22, 2019
Source: The National
Article Views: 150
PACIFIC Financial Inclusion Programme (PFIP) is working with technical vocational educational training (TVET) institutions to have financial education included in their curriculum.
PFIP specialist Jagdeep Dahiya said it was determined to ensure people were financially literate to improve their economic lives.
“We have different TVET institutions to embed financial education as part of their curriculum,” he said.
“That has been piloted already in Goroka with Kamaliki (Vocational Centre) and are now rolling it out. We are already working with four other institutions in Western Highlands.”
PFIP is a Pacific-wide programme that has helped over two million Pacific islanders gain access to financial services and financial education.
It achieves these results by funding innovation with financial services and delivery channels, supports policy and regulatory initiatives, and empowerment of consumers.
“In terms of the financial innovations, there are other number of projects that we have worked on,” Dahiya said.
“It ranges from the savings, credit, remittance and insurance. There are a whole range of colleges that we are working with in different players.
“We by and large work with private sector players, financial institutions and other players.”
Link: https://www.thenational.com.pg/financial-education-to-be-included-in-tvet-schools/
Financial literacy is a must at schools and must be learnt at younger age.
Have a business that serves the rural population by having to walk the last mile using the model of engaging resellers whom i can also empower to grow what they earn to an SME level but the challenges are many and one is that of lack of financial literacy. Very interested to see how these programs work as collaboration is the way to go to compliment what i am current doing in my SME business to serve 87% population in rural areas to improve quality of their life.