Central Bank holds economic awareness session with local media |22 September 2014

As part of its financial literacy programme, the Central Bank of Seychelles (CBS) conducted an economic awareness session last week with journalists from various media houses in Seychelles.

The session at the bank’s training room was conducted by Naddy Marie, economist/communications coordinator of the policy & research section within the research and statistics division of the CBS.

CBS governor Caroline Abel was also present.
This was the first of many economic awareness interaction sessions the bank is planning with various segments of society on a number of economic and financial matters.

CBS governor Abel said they have chosen a dedicated session with the media which plays a vital role in educating the population and is a key channel for information dissemination.

The media, she said, is the ideal medium to spread financial and economic knowledge to a wider audience.
Monetary policy issues namely inflation, monetary implementation and exchange rates and how these variables affect the lives of the Seychellois people were the main topics addressed during the first session.

“This initiative is part of the bank’s financial and economic literacy agenda whereby we want the economy at large to be well informed. The primary objective of the Central Bank is to promote domestic price stability and one of its secondary mandates is to promote a sound financial system including consumer protection,” said Ms Abel in a short introductory speech to explain the awareness sessions.

She said as such the most direct medium in attending these set objectives is using the media to promote financial literacy among all segments of society.

“It is with the aforementioned objectives in mind that the Central Bank has embarked on this financial literacy programme aimed at educating the general public on economic and financial matters,” said the governor.