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BSP Conducts Learning Outreach Activities in Bayombong, Nueva Vizcaya.

Manila: The Bangko Sentral ng Pilipinas (BSP) will conduct the first leg of its Economic and Financial Learning Program (EFLP) for 2016 in Bayombong, Nueva Vizcaya. The EFLP consolidates the learning outreach activities of the BSP under one flagship program. It includes a series of learning sessions that aim to promote greater public awareness and understanding of key economic and financial issues. The EFLP also embodies the goal of the BSP to promote economic and financial education among its stakeholders, who can then become more effective partners of the BSP in safeguarding price stability and in ensuring a stronger and safer banking and payments system.

The following programs will be conducted:

"Be up to SPeed on BSP," Information Campaign on the Role of the BSP in the Economy, 16 February 2016, Tuesday, 1:30 to 5:00 p.m. (module for the workforce), and 17 February 2016, Wednesday, 8:30 a.m. to 12:30 p.m. (module for students), Nueva Vizcaya State University (NVSU) Mini-Theater;

Financial Education Expo for the Working Sector, 17 February 2016, Wednesday, 8:00 a.m. to 4:00 p.m., Highlander Hotel;

"Paghahanda sa Kinabukasan," Financial Learning Campaign for Overseas Filipinos and their Beneficiaries, 18 February 2016, Thursday, 8:00 a.m. to 1:00 p.m., NVSU Mini-Theater; and

Financial Education Expo for Students and Members of the Academe, 18 February 2016, Thursday, 8:00 a.m. to 4:00 p.m, Highlander Hotel.

The "Be up to SPeed on BSP" information campaign will cover recent economic developments and the role of the BSP in the economy, with emphasis on the three pillars of central banking, i.e., price stability, financial stability and efficient payments and settlements system. Two sessions will be conducted: one for professionals (including representatives from government agencies, business sector, and banking community), and another for students and members of the academe.

The "Paghahanda sa Kinabukasan" Financial Learning Campaign for Overseas Filipinos and their Beneficiaries (FLC-OF) aims to educate participants on the importance of using remittances to build up savings and directing these into investments in financial products and business ventures. Through this learning advocacy, the BSP hopes to help overseas Filipinos and their beneficiaries achieve financial security, bring them into the fold of the formal financial system, and enable them to participate more meaningfully in the country's economic development. Officials from the BSP, as well as from the Department of Trade and Industry (DTI), will give briefings on topics such as financial planning, investment, and business opportunities.

Meanwhile, the Financial Education Expo offers various financial education activities for students, professionals and others from the public and private sectors. It features learning booths with audio-visual presentations, graphic displays and interactive activities that will help participants become self-reliant in promoting their financial welfare. Two separate sessions of the Financial Empowerment Course, which is an integral part of the Expo, will also be conducted for students and members of the workforce. The learning sessions will present the importance of financial education, the Philippine financial system, basics of budgeting, saving, investing and borrowing, financial planning for life-cycle events, and credit card awareness.
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Publication:Daily the Pak Banker (Lahore, Pakistan)
Geographic Code:9PHIL
Date:Feb 22, 2016
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