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Fijian Government national budget bolsters financial inclusion

Suva, Fiji – The announcement of the Fiji 2018 – 2019 national budget has been met with encouragement by the Pacific Financial Inclusion Programme (PFIP) as direct actions are being made to deepen financial access in Fiji. As a party to the Alliance for Financial Inclusion’s Maya Declaration and the United Nation’s Better Than Cash...

Validation workshop held for Vanuatu’s draft National Financial Inclusion Strategy

A draft National Financial Inclusion Strategy will be presented to representatives of key stakeholders involved in national financial inclusion efforts in Vanuatu at a workshop to be held at the Reserve Bank of Vanuatu on Thursday 9th March 2018. The Reserve Bank of Vanuatu in partnership with the Pacific Financial Inclusion Programme (PFIP) developed the...

National Financial Inclusion Strategy for Samoa launched

Apia, Samoa – A sound financial system that best serves all sectors of society is the vision of Samoa’s first National Financial Inclusion Strategy (NFIS). In his keynote address at the launch of the 2017-2020 Strategy at Taumeasina Island Resort today, Finance Minister, the Honourable Sili Epa Tuioti said that the National Financial Inclusion Strategy...

PFIP and the National Reserve Bank of Tonga hold consultations on the development of Tonga’s first National Financial Inclusion Strategy

Tongatapu, Tonga – A team from the Pacific Financial Inclusion Programme (PFIP) will be assisting the National Reserve Bank of Tonga (NRBT) this week in conducting extensive consultations with government agencies, the private sector, financial service providers and non-profit organizations in the lead up to the development of Tonga’s first National Financial Inclusion Strategy. PFIP...

by RACHNA LAL, SUVA A worry that the penetration and uptake of insurance by individuals in Fiji is very low at only 12%   Given only 12 per cent of our population have a form of insurance, efforts are being made to increase this percentage and get more people to sign up for insurance. Playing...