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Fiji Announced joint Winner For Global Inclusion Award

Fiji was recently announced as the joint winner along with Mongolia for the Asia and Pacific Region 2016 Global Inclusion Awards. The award was given by Child Youth and Finance
09 Dec 2016 13:05
Fiji Announced joint Winner For Global Inclusion Award
Recipients of the Global Inclusion Award in Stockholm, Sweden.

Fiji was recently announced as the joint winner along with Mongolia for the Asia and Pacific Region 2016 Global Inclusion Awards.

The award was given by Child Youth and Finance International to Fiji to recognise its efforts in promoting financial literacy amongst youth and children.

Winners of this year’s Global Inclusion Awards were announced in Stockholm, Sweden on November 28.

Reserve Bank of Fiji former board director and current Ambassador to Belgium, Deo Saran received the award on behalf of Fiji.

The Award is an initiative of the CYFI to recognise and honour governments, financial service providers, civil society groups, and individuals for advancing economic empowerment for youths at a national, regional and international level.

CYFI has partnered with 14,000 organisations in 132 countries around the globe, reaching almost 36 million children and youths.

It advocates for the need for financial literacy and economic empowerment for our future generation.

The National Financial Inclusion Taskforce (NFIT) under the leadership of the RBF was nominated for developing and implementing Fiji’s National Financial Literacy Strategy 2013-2015.

One of the key achievements was the full roll-out of the Financial Education (FinED) programme to all schools in Fiji in 2013 and has nearly 197,000 students in Fiji to receive some form of financial knowledge.

The targets to increase youth accounts is aged from 15-30 from 51-80 per cent.

The integration of entrepreneurial training at tertiary level by 2020 was noted on the new National Financial Inclusion Strategic Plan 2016-2020, were also key factors in Fiji being recognised for this award.

The judge awards noted although Fiji is a small country, it was very impressive to note that all primary and secondary schools have been reached with integration of the FinED curriculum.

RBF governor and NFIT chairman Barry Whiteside extended his gratitude to his Mr Saran for representing Fiji at the awards.

 

Feedback:  farzana.nisha@fijisun.com.fj

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