3 million land - based and seabased ofws. standard modules are also being developed for post arrival orientation seminars ( paos ) and general orientations for ofw families. full roll - out of the pitaka campaign would mean an outreach of around 10 million filipinos living and working abroad. note that this figure does not yet account for their families in the philippines. the bsp works with the civil service commission ( csc ), the armed forces of the philippines ( afp ) and all its branches – the philippine army, philippine navy and philippine air force. we aim to embed financial education sessions in training programs required for completion by civil servants and afp personnel. this objective is in line with csc ’ s thrust to enhance financial literacy skills of the public sector workforce, and with the afp transformation roadmap which considers financial wellness as integral pillar of personnel ’ s holistic development. these partnerships will cover an estimated 1. 7 million civil servants and 140, 000 afp personnel. we believe that financial education can be an instrument to achieve employees ’ financial health as well as enhance public sector productivity. studies show that financially stressed employees are more likely to miss work, or experience reduced productivity. aside from these ongoing partnerships, we will soon engage the police force and firefighters, by signing financial education agreements with the philippine national police and bureau of fire protection in 2020. we are also targeting financially underserved sectors like msmes, beneficiaries of the government ’ s cash transfer programs, persons with disabilities, and young professionals from the business process outsourcing ( bpo ) industry. for this purpose, we have initiated discussions with the department of trade and industry ( dti ), the department of social welfare and development ( dsw d ), the national council for disability affairs ( ncda ), and the it and business process association of the philippines ( ibpap ). private sector support in all these partnerships, we are grateful for private sector support. these stakeholders are deeply committed to carry - out financial education programs as part of their corporate social responsibility and devoid of commercial interests. these include – in alphabetical order – the bdo foundation, bpi foundation, maybank foundation and visa foundation. we thank the asian development bank ( adb ) for assisting in the development of a monitoring and evaluation ( m & e ) framework for all our partnership programs. with an m & e framework in 3 / 4 bis central bankers'speeches place, and an

envisioned national financial capability survey in 2020, we hope to see evidence of progress and determine opportunities for future work in financial education. i shared the updates to give a sense of the breadth of the work that still needs to be done, the areas where multi - sectoral support is needed, and the opportunities for partnerships. consider this my call to action. consider also the rags - to - riches life stories of “ tatang ” henry sy, sr. and “ big john ” gokongwei, jr. both left legacies of multi - million business empires. but let us not overlook that both started from small incomes, used their money well, practiced prudent financial and business management, and became the moguls we know them to be. every filipino might not reach the same success, but we can try to help them, and ourselves, to achieve comfortable levels of financial health. through complementary, coordinated and collaborative financial education programs, we must aim to change the life of every filipino towards a financially healthy future. in this expo, we hope to generate concrete ideas on how you and your institutions can be financial education champions and agents of change. to end, former u. s. president harry s. truman once said, “ actions are the seed of fate. deeds grow into destiny. ” as we act together, and gather critical mass, we can altogether achieve our desired destiny – a financially healthy nation. good morning again and mabuhay 4 / 4 bis central bankers'speeches