Maiava Atalina Ainuu Enari: Educating individuals to manage their personal finances Opening remarks by Ms Maiava Atalina Ainuu Enari, Governor of the Central Bank of Samoa, at the MoneyPACIFIC “Money Guide” launch, Apia, 2 April 2014. *  *  *  Members of the Diplomatic Community Youth and Education Directors of the Church denominations present today Our MoneyPACIFIC partners – Kim Hailwood and Becky de Beer-Lamont Distinguished Guests Ladies and Gentlemen It is indeed an honour for me to address this gathering today, at this important milestone in the partnership of the MoneyPACIFIC project and the Central Bank of Samoa. The MoneyPACIFIC Project was established in 2007 under the umbrella of the NZ-Pacific Remittances’ Project which stands to help reduce costs of sending money within the Pacific Region, and has concurrently worked hard to lift Pacific Communities awareness of the need to prudently manage their personal finances. We have worked closely with the MoneyPACIFIC programme over the recent years and we consider them a great ally in the promotion of financial inclusion and financial literacy here in Samoa. In a moment Kim and Becky will elaborate more on the MoneyPACIFIC initiative and its latest resource but before that I would like to take a few moments to talk a little bit more on why financial literacy is important to the Central Bank of Samoa.
It was compiled using your perspective as a school student, as an elder of the village, as a hard working stay at home mother and as a danceloving-father when he gets his paycheck without his wife knowing; or to put simply, as an everyday Samoan citizen. MoneyPACIFIC has produced the Guide and made it easy to understand, and made it accessible to everyone so that you can plan, measure, prioritise or just to be aware of how  BIS central bankers’ speeches  1  much you are spending for everyday necessities. Again the intension is not to dictate how much your wallet is crying but to ensure that your wallet is happy to deliver a well sought out purpose for you and your families. To round up my remarks, I would like to take this opportunity to thank the New Zealand and Australian Governments for the support afforded to the MoneyPACIFIC iniative as we have benefitted greatly from the work it carries out for the Pacific communities. I would like to thank each and every one of you for making the time to attend today’s MoneyPACIFIC Money Guide launch.