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2020 Financial Inclusion Report

March 31, 2021 / Last updated : March 31, 2021 Tevita Gade

2020 Financial Inclusion Report

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Fiji’s Financial Inclusion Annual Report 2019

August 13, 2020

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The National Financial Inclusion Taskforce (NFIT) was established in February 2010 to provide greater focus in achieving financial inclusion in Fiji. The national committee takes the lead role in coordinating and collaborating with stakeholders across the public and private sectors, civil society, development partners and donors. NFIT currently has four Working Groups or subcommittees that are responsible for the oversight of implementation, monitoring and evaluation of programs and initiatives that relate to consumer empowerment and financial capability, inclusive finance, digital financial services and MSMEs.

Broadly, the NFIT will continue to function as the apex body providing strategic guidance and oversight to the various policies, programmes and initiatives pursued under the NFIS and approve appropriate course correction including revision in NFIS action plans if needed. The composition of membership will include high level officials from RBF, Government, representatives from financial service providers, development partners and chairs of the WGs. In certain cases, other institutions on subject-matter experts may be invited as temporary members to join the NFIT.