Live Breaking News & Updates on Fisher Financial Education

 Photo courtesy from BSP
QUEZON CITY, Feb. 8 (PIA) – The Department of Agriculture - Bureau of Fisheries and Aquatic Resources (DA-BFAR), launched a partnership program for the financial education of fishers across the country called Fishers’ Financial Education or “FinLit.”
Together with the Bangko Sentral ng Pilipinas (BSP), BDO Foundation, and the Fish Right Program of the US Agency for International Development (USAID), the collaboration offers training to fishers on topics such as saving and budgeting, supplementary income sources, and the proper use of micro-loans and micro-insurance to help break the vicious cycle of poverty and natural resource depletion
“We aim to equip fishers and their families with prudent financial management skills and right attitudes toward money to help them cope with irregular incomes and other economic shocks that they typically encounter in their livelihoods,” BSP Governor Benjamin E. Diokno said. ....

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