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CEFI and The Salvation Army partner to advance Financial Inclusion across PNG
🇵🇬 Papua New Guinea /Economy & Trade

CEFI and The Salvation Army partner to advance Financial Inclusion across PNG

From Post-Courier · () English

Summarized and contextualized by DistantNews.

At a glance

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  • The Centre for Excellence in Financial Inclusion (CEFI) and The Salvation Army (TSA) signed a Memorandum of Understanding (MoU) to boost financial literacy and inclusion in Papua New Guinea.
  • The partnership will use TSA's network of churches, schools, and community programs to deliver training and connect people to financial services.
  • This initiative aims to expand financial literacy, financial inclusion, and economic empowerment across Papua New Guinea.

The Centre for Excellence in Financial Inclusion (CEFI) and The Salvation Army (TSA) have formalized a partnership aimed at advancing financial inclusion across Papua New Guinea. The collaboration, marked by a Memorandum of Understanding (MoU), seeks to expand financial literacy, inclusion, and economic empowerment initiatives.

This new partnership will leverage The Salvation Army's extensive network, which includes churches, schools, community programs, and social services. Through this network, financial literacy training will be delivered to underserved communities. The initiative also aims to connect these communities with formal financial services, thereby fostering greater economic participation.

The collaboration is poised to make a significant impact on financial inclusion in Papua New Guinea, addressing a critical need for accessible financial education and services in various communities.

DistantNews Editorial

Originally published by Post-Courier. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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