Fiji Time: 9:29 PM on Sunday 26 October

Fiji Times Logo

/ Front page / News

$23m deal for the poor

Dawn Gibson
Friday, May 23, 2014

IN a bid to aid hundreds of thousands of financially-disadvantaged households across the Pacific, the Australian Government yesterday signed a three-year partnership with the Pacific Financial Inclusion Program (PFIP).

The $A14million ($F23.5m) partnership, signed by Australian Secretary for the Department of Foreign Affairs and Trade Peter Varghese, is one which works to increase financial services for these disadvantages households.

And the program's phase one reached about 600,000 Pacific Islanders, a statement released yesterday reported.

"PFIP is helping lay the foundation for a prosperous Pacific region by enabling the poor to save, insure against risks and grow their own entrepreneurial activities," Mr Varghese said.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. PM's worry
  2. 'Cyclones for Fiji'
  3. Chelsea's Costa could play against Man Utd
  4. Indian Prime Minister likely to visit
  5. Robbery suspects in police custody
  6. Rain expected to stay
  7. Probe into cause of death, identity
  8. 'No jurisdiction'
  9. $3.5m development
  10. Tribute to women

Top Stories this Week

  1. Death shocks family Monday (20 Oct)
  2. Inside Fiji sevens Tuesday (21 Oct)
  3. Budget overspent Wednesday (22 Oct)
  4. Kepa's not weak Friday (24 Oct)
  5. Full pay while on leave Friday (24 Oct)
  6. Public access Tuesday (21 Oct)
  7. Forgery suspect still in remand Tuesday (21 Oct)
  8. PM's worry Sunday (26 Oct)
  9. $20m in excess Wednesday (22 Oct)
  10. Ryan's fight to help 7s Friday (24 Oct)