Former New Zealand Prime Minister and now Administrator to the United Nations Development Program (UNDP), Miss Helen Clark, has commended efforts to raise financial literacy in women around PNG.
In a press release sent earlier today Clark emphasized the importance of financial literacy and it’s direct relationship with socio-economic growth and prosperity.
Miss Clark went further to say, “When women are taught money management skills, they become confident managers of money and financial risks. This includes a better understanding of the long term benefits of savings and planning for emergencies.”
Miss Clark, also the UN Capital Development Fund (UNCDF) Managing Director, made these statements while paying a visit to the UNDP/UNCDF partner Nationwide Microbank at the Vunamami United Church in East New Britain; an institution that trains women in the area of financial knowledge.
Miss Clark is in the country for 3 days for bilateral meetings with the government and other stakeholders.