The governor of the Dominican Republic’s Central Bank (BCRD), Héctor Valdez Albizu, announced the development of a National Financial Inclusion Strategy (ENIF).
“To carry out the project, a Financial Inclusion commission has been formed, made up of five public institutions: the Superintendency of Banks, the Superintendency of Insurance, the Ministry of Finance, the Ministry of Industry, Commerce and MSMEs and the Central Bank”, Albizu indicated during the presentation of the VII Economic and Financial Week of the entity.
He explained that the first National Survey of Financial Inclusion covered the country was and measured the ownership and use of financial products, the way and the frequency in which they are used, the recipients of remittances, through which entities and in what proportion they are received, as well as other elements of interest.
He added that the project has been sent to another 20 public and private institutions related to the issue to collect their opinions so that the final document of the Financial Inclusion Strategy includes all economic sectors.
Economic and Financial Education platform
Valdez Albizu also announced the launch of the website of the National Economic and Financial Education Strategy (www.eneef.do), created by twelve national institutions, coordinated by the Central Bank.
The governor pointed out that this website offers totally educational content, which provides those who visit it with educational material and serves as a consultation and learning tool of great practical and educational value.
“I am convinced that financial education is a fundamental tool in the development of peoples and that the Dominican Republic, with learning opportunities such as those granted by the Economic and Financial Week, the development of the National Strategy for Financial Inclusion, as well as The website of the National Strategy for Economic and Financial Education is taking firm steps to reduce social gaps, increase financial inclusion, promote the proper management of personal and family finances, as well as support entrepreneurship, key pieces of strengthening the economy of the nation ”, assured the governor.
VII Economic and Financial Week
The VII Economic and Financial Week (SEF), held from March 22nd to 26th, aims to gather students and professional sectors, with the participation of 29 public and private institutions and hosted by the Central Bank.
During this event, 50 activities will be carried out, free of charge, aimed at primary, secondary, and university students, as well as professionals from different sectors, including journalism and finance, and the general public.
“The corporate purpose, the reason for being of the institutions will be offered. Social, economic and environmental impact and strengthening of corporate reputation ”, by Dr. Ángel Alloza, CEO of the Corporate Excellence Center for Reputation Leadership.
The objectives of the SEF are to promote the development of economic and financial education in the Dominican Republic; show the progress and challenges in this matter; facilitate understanding of these issues, and promote inclusion in the financial system of children and young people.
Those interested in SEF 2021 can consult the full program of activities at www.bancentral.gov.do/sefbcrd and at www.eneef.do