The Reserve Bank of Fiji (RBF) recently announced the passage of a National Payment System Act to “upgrade national payment and settlement systems” with the intent of improving electronic payments, which can be safer and cheaper for both businesses and households. The targeted solutions include
Tag: RBF
MICROFINANCE PAPER WRAP UP: “Reserve Bank of Fiji’s Experience With Financial Inclusion and Climate Change;” by Klaus Prochaska, Vereimi Levula, Andrew Levula; published by Alliance for Financial Inclusion (AFI)
This is a summary of a case study written by Klaus Prochaska, Vereimi Levula and Andrew Levula; published by the Alliance For Financial Inclusion; 2018; 16 pages; available at: https://www.afi-global.org/publications/2899/Reserve-Bank-of-Fiji-s-Experience-with-Financial-Inclusion-and-Climate-Change
Following Tropical Cyclone Winston, which resulted in a nearly one-third reduction in Fiji’s GDP for 2016, government actors including the Reserve Bank of Fiji (RBF) resolved to work to “make the country more resilient to extreme climate events, rising sea levels and changing weather patterns.” RBF had already decreed a