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BSP Launches the Economic and Financial Learning Center

09.30.2008

The Bangko Sentral ng Pilipinas will launch its Economic and Financial Learning Center (EFLC) on 3 October 2008 at the BSP Complex, Malate, Manila.  The EFLC will serve as the public’s focal point of contact in the BSP on information concerning economic and financial matters. It will house the BSP Library and the Statistical and Learning Center.  The EFLC will also complement and reinforce existing channels of BSP communication with its stakeholders through exhibits and audio visual presentations designed to deepen understanding and enhance appreciation of issues relevant to the BSP.  By providing information services, programs and materials in the areas of central banking, economics and finance, the EFLC will act as the primary in-house communication channel through which the Bank will convey its economic and financial learning programs to the public.

The program for the launching of the EFLC will commence at 3:00 PM, beginning with a ribbon cutting ceremony and the unveiling of the ceremonial marker by BSP Governor Amando M. Tetangco, Jr., assisted by Members of the Monetary Board and the Deputy Governors. 

Governor Tetangco said that the BSP has long recognized the value of economic and financial education as a basis for better decision making by consumers and as a means of improving the functioning of financial markets.  He noted that through the years, the BSP has pro-actively engaged with its stakeholders through a multi-pronged program for economic and financial education, including outreach programs and advocacies in the different regions of the country.  The establishment of the EFLC–with its integrated, interactive approach to in-house information dissemination and  communication–further strengthens the BSP’s commitment to the promotion of economic and financial education.

Visitors to the EFLC are requested to make an appointment by contacting Ms. Catherine Platon at 524-6781.  The tentative calendar of activities for the last quarter of 2008 and the first half of 2009 include the information campaign on the role of the BSP in the economy, the financial literacy campaign for overseas Filipinos and their beneficiaries, and the financial education program for consumers. Other activities include a brown bag session on the Future Directions for Establishing a Special Library Consortium in the Philippines, and quarterly book review sessions and updates on new EFLC acquisitions.  An exhibit on History of Central Banking in the Philippines is also scheduled in January 2009 to commemorate the 60th anniversary of central banking in the Philippines.  Interested parties may refer to the BSP website for further information.

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