The Central Bank of the Bahamas published opening remarks by Governor John A Rolle for its 2025 Get Money Smart Financial Literacy Seminar and Expo, positioning financial literacy as a core pillar of financial inclusion and a prerequisite for safe participation in the financial system. The remarks framed financial inclusion around knowledge of available financial products and services, the extent of their use, and accessibility across The Bahamas. Governor Rolle linked improved budgeting and saving to wider economic benefits through increased savings available for investment, reduced dependence on government support, and smoother delivery of the Central Bank’s mandates, including banking and credit union stability and maintaining the fixed exchange rate between the Bahamian dollar and the US dollar. The speech also highlighted a focus on broadening students’ exposure beyond basic banking to investments, insurance and digital payments, and argued that digitisation is essential to delivering equitable access across the islands while underscoring the need to operate safely in digital channels.
Central Bank of the Bahamas 2025-04-04
Central Bank of the Bahamas outlines financial inclusion and digitisation priorities at the Get Money Smart financial literacy expo
The Central Bank of the Bahamas emphasized financial literacy as essential for financial inclusion and safe system participation at its 2025 Get Money Smart Financial Literacy Seminar. Governor John A Rolle highlighted the economic benefits of improved budgeting and saving, linking them to investment growth and reduced government dependency. The speech also stressed the importance of digitisation for equitable access and safe digital operations.