Sustainable wealth creation to be discussed in financial inclusive summit

Business

THE Pacific Financial Inclusion Programme (PFIP) will host its regional financial inclusion summit in Port Moresby next month.
Communications associate Erica Lee said sustainable wealth creation would be discussed among other interesting topics of ongoing financial innovation globally.
“The summit will provide participants exposure to the new technologies and methods that PFIP is exploring in its 35 innovation projects in the region,” Lee said.
She said participants would get updates on recent demand and supply side data initiatives, and what the PFIP knew about the impact of financial services on low-income populations.
PFIP manager Mark Flaming said they were supporting the regional event since 2009 through sponsorship and participation.
“We are happy to provide support to such a recognised platform for sharing on financial inclusion and particularly financial innovation best practices and practical experiences,” Flaming said.
He said it was an auspicious gathering of financial inclusion stakeholders in the Pacific. “We believe that these events inspire imagination and action, and help people connect to make things happen,” he said.
PFIP is partnering with the Foundation for the Development Cooperation to convene the regional summit which will be held from August 29 to August 31 in Port Moresby.
The event will be hosted by the Bank of Papua New Guinea and the Centre for Excellence in Financial Inclusion.
Lee said nearly 200 delegates from financial sector regulators, microfinance practitioners, advocates, academic institutions, donor agencies, international financial institutions, NGOs and government agencies would attend.