market requirements and developments, as our economies respond to new demands and opportunities. that being said, i also believe that there is a need to also recognise that there must be a balance of innovation and regulation, as we strive to make our payment systems faster, safer, more efficient and interoperable. the nps project has proved that stakeholders can do this together – by sharing knowledge, experiences and resources. the central bank aims to achieve our mandate and objectives in ensuring financial system stability and monetary policy while promoting financial inclusion. at this juncture, i wish to remind the financial industry that with the national payment system infrastructure in place, you now have the opportunity to create unique opportunities for enhanced payment mechanisms for commerce in the future. i am particularly interested to see the interoperability of payments systems in the country where e - payments, mobile phones and the internet will integrate with the nps infrastructure to ensure settlements are done in real time, enabling the ordinary person to make payments fast, efficiently and cost effectively. let me close by, once again, extending our gratitude to the ifc and wbg for their technical support and constant guide in this important reform work, to strengthen the legislative framework and modernizing the national payment system to meet international standards. i also acknowledge the donors and the development partners for the funding support that has made it possible for solomon islands to benefit from the financial market infrastructures i also extend my deep appreciation to the participating banks and your hard - working project teams for having faith in the project and believing in the benefits that this great initiative will bring to the people of solomon islands. overall, i am grateful for the general support to the cbsi project team. despite the odds, we have proved our resilience and i am overwhelmed with joy by the commitment and collaboration displayed by all parties to bring about positive changes to the lives of our people. thank you. 3 / 3 bis - central bankers'speeches

[ speech structure uses problem / opportunity ; solution and benefit structure ] audiences : school children of noro and munda primary schools. credit union members of soltai fishing and processing staff association credit union limited ( soltuna employees credit limited ) and tuna trust credit unions ; and general public of noro ] dignitaries : [ salutation ] introductory remarks i am very happy to celebrate this global money week event today with you the children and youth of noro and munda, western province. this is a historical event, not only for noro, but also for solomon islands because we for the first time are celebrating the global money week together with the rest of global community. we are putting noro town, and the children and youth of noro as part of this global event to represent our country the solomon islands. let me share with you three reasons why i am passionate about events like this global money week that focuses on educating our children and youth on financial education, to change the habits that we have inherited from our environment on how to deal with financial resources. [ problem / opportunity ] first, the future of our economic growth and management of our financial resource requires that our children and youth must have financial education early in their life so that they can become informed economic citizens of our country. this need arises because studies that we have carried out with our development partners in the country show that our country has a very low score on financial management and financial competency. another study we also conducted reviewed that 66. 2 % of our total population are not using the banking services. at present we have no financial education subjects formally taught in our education system. therefore, to empower our children and youth to become successful economic citizens in future, we must start to teach and educate our children on financial education. this is one of the priorities of the solomon islands government goals that the central bank and the national financial inclusion taskforce have been working on and are still working on to achieve in the past 6 years and will continue to do so until our education curriculums incorporate financial education as part of learning for our students from year 1 to year 12. as a country, solomon islands has commitments both regionally and internationally to facilitate financial education in collaboration with the government to integrate financial education in our school curriculum. regionally we have the 2020 money pacific goals and internationally the alliance for financial inclusion maya declaration where central bank of solomon islands is committed to champion financial education through close collaboration with the government to integrate financial education in the existing solomon