Government workers can soon avail themselves of financial education training from the Civil Service Commission (CSC).
In his message of support delivered on 21 November 2022 at the Bangko Sentral ng Pilipinas’ (BSP) virtual 5th Financial Education Stakeholders Expo, CSC Chairperson Karlo Nograles said that his agency is already laying the groundwork for the Financial Education Program for Civil Servants, a joint initiative between CSC, BSP, and the BDO Foundation.
The program aims to provide civil servants with knowledge, skills, and values on concepts such as financial planning, saving, budgeting, debt management, investments, financial scam prevention, and consumer protection, among others. It intends to promote financial literacy and enables them to apply their learnings to financial decision-making.
“This will help us achieve our goal of enhancing the well-being of our government workforce through financial literacy, capacitating them with skills and knowledge that allow them to make informed and better decisions on their financial resources,” he said.
The CSC Chairperson added, “Financial education is all the more important as our people continue to cope with the impacts of the COVID-19 pandemic and prepare for future financial challenges. With this initiative, we hope they will make better choices about saving, know when and when not to borrow money, learn how to invest and better prepare for retirement, and also to discern how to protect themselves in this time of digital financial transactions or online banking.”
“Kailangan maging wais ang ating mga lingkod bayan. Sa hirap ng buhay, hindi pwedeng waldas, mahalaga na may ipon, at kung may extra ay pasukin din ang investments, pero huwag papaloko. Sa pamamagitan ng financial education program na ito, matututo nang marami ang mga kawani ng ating pamahalaan,” stressed Chairperson Nograles.