NEDA Central Luzon in partnership with Pampanga State Agricultural University (PSAU) conducted the 2020 Economic and Financial Literacy Week (EFLW) virtual forum on 11 November 2020. This year’s theme: “E-konomiya: Maingat na Pag-angat. Digital Economy for Safer and Faster Recovery” underscores the importance of digitalization in enabling economic activities and business continuity, facilitating health safety protocols, and preventing service disruptions in the “new normal”.

PSAU President Honorio M. Soriano welcomed the participants and guests to the forum. He encouraged the students to start investing and pursue sharpening their knowledge in economics and finance. In his keynote message, NEDA 3 OIC-Regional Director Agustin C. Mendoza emphasized the role of digital technology in transforming the economy in the “new normal”. He also informed that the World Bank and NEDA released A Better Normal Under Covid-19: Digitalizing the Philippine Economy Now report which highlighted the use of digital technologies in helping individuals, businesses, and the government in coping with the pandemic.

The forum was divided into three plenary sessions. DICT Bataan Provincial Head Edriel C. Miranda explained digital inclusion and presented their programs/projects enhancing access and use of information and communication technologies. Ms. Kathrina A. Miranda (of xxx – pls cite her business name) shared her success story as a young entrepreneur and discussed how digital platforms have helped her business sustain its operation during the pandemic. NEDA 3 Chief EDS Divina Hope V. Vallejo advocated the country’s long-term vision – Ambisyon Natin 2040.

NEDA 3 OIC-Assistant Regional Director Marciano M. Franco expressed his gratitude to PSAU, resource speakers and participants in his closing remarks. He reiterated that the key to the region’s quick recovery from the pandemic is transitioning to digital economy.

Republic Act No. 10922, also known as Economic and Financial Literacy Act, mandates the observance of the EFLW on the second week of November every year and also directs NEDA to take the lead in its annual celebration. More than 300 participants comprising of students and faculty/staff of PSAU, and NEDA 3 staff attended via Zoom and Facebook platforms. (Ina Christia M. De Jesus, NEDA 3 – DRD)