Effect of Daily Allowance Essay example

1530 Words Jul 1st, 2016 7 Pages
Media Releases BSP Conducts Learning Outreach Activities in Dipolog City | 08.06.2015The Bangko Sentral ng Pilipinas (BSP) will conduct the fourth leg of its Economic and Financial Learning Program (EFLP) for 2015 in Dipolog City on 10 to 13 August 2015. The EFLP consolidates the learning outreach activities of the BSP under one flagship program. It includes a series of learning sessions that aim to promote greater public awareness and understanding of key economic and financial issues. The EFLP also embodies the goal of the BSP to promote economic and financial education among its stakeholders, who can then become more effective partners of the BSP in safeguarding price stability and in ensuring a stronger and safer banking and …show more content…
This new learning session, which was launched in Davao City on 6 July 2015, forms part of the BSP’s efforts to foster the habit of saving early in the lives of Filipinos. It features interactive lectures and discussions about the value of spending wisely, saving early, and saving in banks. After the session, the BSP will track the students’ saving habits by closely coordinating with teachers and school officials for the purpose of encouraging the youngsters to open and grow savings. This learning activity is in partnership with the Department of Education (DepEd) and the Bank Marketing Association of the Philippines (BMAP). The “Be up to SPeed on BSP” information campaign will cover recent economic developments and the role of the BSP in the economy, with emphasis on the three pillars of central banking, i.e., price stability, financial stability and efficient payments and settlements system. Two sessions will be conducted: one for professionals (including representatives from government agencies, business sector, and banking community), and another for students and members of the academe. The “Paghahanda sa Kinabukasan” Financial Learning Campaign for Overseas Filipinos and their Beneficiaries (FLC-OF) aims to educate participants on the importance of using remittances to build up savings and directing these into investments in financial products and business ventures. Through this learning advocacy, the BSP hopes to help overseas Filipinos and their

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