The Eastern Caribbean Central Bank (ECCB) and its Financial Information Month (FIM) Festival partners are seeking to empower and create wealth among the citizens and residents of the Eastern Caribbean Currency Union (ECCU) during the month-long financial education campaign in October.
In an address to kick start the 2023 FIM Festival, Chief Director (Policy) Tracy Polius, says the ECCB is pleased to re-emphasise the theme “Wealth Creation for Financial Resilience.” Polius notes that the people living in the region are highly vulnerable to natural disasters and external shocks and find themselves in a perpetual cycle of “start and stop, damage, recovery and rehabilitation.” In such an environment, she says that wealth creation is a key foundational dimension for personal resilience.
Since 2002, the ECCB has been collaborating with various public and private sector entities to host FIM. While the activities across the countries vary, they are all geared towards providing the people of the ECCU with information to help them understand financial matters and make sound financial decisions. The Chief Director (Policy) extends gratitude to the FIM Festival partners for their collaboration over the years, and says that she looks forward to many more years of cooperation as they seek to build the collective fortunes of the region.
The 2023 FIM Festival activities in Dominica will include:
∙ Radio and Social Media Discussions and airing of Financial Tips;
∙ Primary Schools’ Financial Workshop (Mahaut, Campbell and Warner);
∙ Town Hall Meeting on Thursday, 12 October at Central Cooperative Credit Union Building in Portsmouth;
∙ Donations to Primary Schools, Dominica Cancer Society and Northern District Home for the Aged.
The public is invited to participate in the various activities that will be hosted in their respective countries and to check the FIM Festival Facebook page for daily updates.
The ECCB is a joke they launched DCash which is digital eastern Caribbean dollars which you can send to anyone using the app it’s similar to Mlajan, yet people hardly use it, it’s not even being promoted and now they want to come and talk to people about finances. The low 2% interest on savings account which they are mandating is a joke everywhere the interest rates is increased, even in America you can get 4%+ interest, so you mean to tell me inflation not happening in the Eastern Caribbean countries ???