Fourteen villages around the country have been identified by the iTaukei Affairs Board and financial institution partner groups as recipients of financial literacy services initiative.
A memorandum of understanding was signed between the iTaukei Affairs Board and the British High Commission pledging about $27,000 towards the program.
Permanent Secretary for iTaukei Affairs, Meleti Bainimarama says the MOU will enhance diverse delivery of financial literacy product and services from financial institutions and contribute towards Fiji’s economic contribution in the National Gross Domestic Product.
Bainimarama says one village from each province will be targeted which will allow these villages the benefit through the promotion of business programmes and other commercial forms of income generating avenues.
British High Commissioner to Fiji Melanie Hopkins stated this innovative public‑private‑partnership will raise awareness on financial literacy in the 14 provinces around Fiji using the Westpac Banking Corporation training curriculum.
Hopkins says the program endorses inclusive growth ‑ reaching out to rural communities as well as urban areas with specific focus being on reaching women in rural areas.
These services have been targeted towards local village businesses, commercial farmers and Small Medium Enterprises.
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