National Financial Education Plan Haiti 2020-2025
Summary — The National Financial Education Plan (PNEF) for Haiti 2020-2025 is a five-year plan aligned with the National Financial Inclusion Strategy (SNIF). It aims to strengthen financial literacy and empower Haitian citizens and businesses by improving their financial knowledge, skills, and behaviors. The PNEF is a collaborative effort involving various stakeholders, including the Bank of the Republic of Haiti (BRH), the Ministry of Economy and Finance (MEF), and the Ministry of National Education and Professional Training (MENFP).
Key Findings
- Only 11% of Haitians have access to bank accounts.
- 73% of people surveyed do not save.
- 53% of households expressed a need for financial education.
- Financial inclusion in Haiti increased from 27% in 2014 to 34% in 2019.
- The PNEF aims to address financial exclusion and promote economic growth through improved financial literacy.
Full Description
The National Financial Education Plan (PNEF) for Haiti is a strategic tool for implementing the National Financial Inclusion Strategy (SNIF). It aims to improve access to financial products and services for the Haitian population. The PNEF focuses on creating a better-informed market, attracting more consumers to formal financial institutions, and fostering increased competition among them. It provides a framework for a coordinated approach to financial education, aiming for better utilization of existing financial resources and evaluation of the effectiveness of actions undertaken by the financial community. The plan identifies key target groups, including vulnerable populations, micro, small, and medium enterprises (MSMEs), farmers, women, youth, and migrants, and outlines specific actions to improve their financial literacy and inclusion.