CBSI & PFIP CONDUCTED CONSULTATIONS

The Central Bank of Solomon Islands in Honiara, Solomon Islands. Photo: Courtesy of CBSI.

The Central Bank of Solomon Islands in Honiara, Solomon Islands. Photo: Courtesy of CBSI.

The Central Bank of Solomon Islands (CBSI) and the Pacific Financial Inclusion Program (PFIP) have successfully conducted a Financial Inclusion consultation workshop for Senior Government Officials at the Heritage Park hotel yesterday.

CBSI Governor Denton Rarawa said the consultations were very important to assist Government officials and ministries familiar with the work CBSI is doing in terms of Financial Inclusion.

“This consultation in my view is very important so that government officials, respective ministries are introduced or become familiar with what we’re doing in terms of financial inclusion in the country so that it is featured or becomes part of government policies, plans, programs for the development of our country. If we can do that, financial inclusion will become part of the country’s development process.”

With the current National Financial Inclusion Strategy ending this year, Mr Rarawa said a lot has been achieved in terms of access and use of new digital delivery channels using agents to deliver financial services around the country, but he adds more work still needs to be done.

Participants have discussed the question of integrating financial inclusion into government planning and budgeting processes during the consultations.

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