29 July 2024

Suriname’s National Financial Inclusion and Education Strategy 2024 – 2027

Suriname has created its first National Financial Inclusion and Education Strategy (NFIES) for 2024-2027 to promote financial inclusion and education in the country.

The strategy aims to address challenges such as the lack of access to formal financial services, particularly for vulnerable groups and those in the informal sector. The NFIES outlines a comprehensive plan with priority areas including policies and regulations, digitizing financial products and services, entrepreneurship, financial education and consumer protection, and data infrastructure.

The strategy emphasizes increasing access to digital financial services, improving financial literacy, supporting small and medium-sized enterprises, and enhancing financial infrastructure.

It also establishes a governance structure, monitoring and evaluation mechanisms, and outlines potential risks and mitigation measures. Overall, the NFIES aims to create a more inclusive financial system in Suriname, empowering individuals and businesses and fostering economic growth.

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