Just about half of all citizens in the ECCU are not financially resilient, that’s according to information from a regional survey.
Governor Timothy Antoine is calling for a coalition of partners to join the ECCB in crafting and implementing a strategy to scale up financial literacy and inclusion in the Eastern Caribbean Currency Union (ECCU).
Governor Antoine says financial literacy and inclusion are strategic priorities for the ECCB.
He was speaking at a regional event to announce the results of the financial literacy and financial inclusion survey.
Governor Antoine called for partnerships in the ECCB in fashioning and executing this strategy to advance financial literacy and inclusion in the currency union.
The governor suggested that this could be achieved through strong collective commitment such as collaboration between the ECCU ministry’s of education and the Caribbean examinations council to make financial literacy a high priority for high school graduates.
He also said that if every workplace starting with governments offered financial wellness programmes, this would be a giant stride in push for financial resilience and wealth creation.
Governor Antoine noted that the ECCB’s financial literacy and financial inclusion survey itself, was made possible through partnerships with the OECS commission and the World Bank funded Caribbean digital transformation project.
