Efforts to institutionalize monetary training within the capacity-building initiatives of the Armed Forces of the Philippines (AFP) gained momentum with the revealing of economic training supplies supposed for the uniformed and civilian personnel of the Philippine Air Drive, Philippine Military, and Philippine Navy.

In a digital ceremony, the Bangko Sentral ng Pilipinas (BSP) and BDO Basis turned over to the AFP a set of studying instruments composed of latest monetary training movies, modules, and a coach’s handbook as a part of the continuing monetary training program for the armed forces. This system is consistent with the AFP’s Transformation Roadmap or ATR, which considers monetary wellness as an integral facet of an individual’s holistic improvement.

In the course of the occasion, three new studying movies had been launched protecting subjects equivalent to debt administration, investments, retirement planning, digital literacy, and rip-off prevention. The AFP can now leverage a complete of six movies tailor-fitted for the armed forces for its monetary literacy studying periods throughout the nation.

The ceremonial turnover was spearheaded by BSP Governor Benjamin E. Diokno, AFP Chief of Employees Gen. Andres C. Centino, and BDO Unibank President and CEO, in addition to BDO Basis Trustee, Nestor V. Tan. The occasion was witnessed by BSP Financial and Monetary Studying Workplace Director Maria Farah Angka, AFP Deputy Chief of Employees for Personnel Maj. Gen. Adriano Perez Jr., BDO Basis President Mario A. Deriquito, and BDO Basis Trustees Ma. Corazon Mallillin and Evelyn Salagubang.

The BSP Governor emphasised that the nation’s central financial authority “will proceed to boost and intensify the supply of its monetary teaching programs to achieve the unserved and underserved sectors, together with the AFP’s over 140,000 personnel and their households.”

“We salute and thank the women and men of the Philippine Air Drive, the Philippine Military, and the Philippine Navy to your laborious work and sacrifice for our nation and our folks – not solely as peacekeepers, but additionally as safety frontliners through the pandemic,” the BSP Governor added.

In the meantime, Gen. Centino highlighted the significance of enhancing the monetary well-being of troopers and civilian personnel saying, “As we proceed to adapt to the challenges posed by the COVID-19 pandemic, it is necessary that our personnel are financially literate and secure to ensure that them to concentrate on their jobs.”

In October 2021, the AFP issued a directive on the combination of economic literacy modules within the profession programs of its officers, enlisted personnel, and civilian human assets in addition to the utilization of the educational supplies developed beneath its partnership with the BSP and BDO Basis. The monetary training partnership, which started in 2019, is consistent with the BSP’s Nationwide Technique for Monetary Inclusion and BDO Basis’s monetary inclusion advocacy. The Program’s imaginative and prescient for the women and men of the armed forces is aptly captured in this system’s tagline, “Ang sundalo ng bayan, armado ng pinansyal na talino at kaalaman.”


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