PH Consulate General in Dubai Holds Seminar on Financial Literacy

DUBAI 05 March 2020 — The Philippine Consulate General in Dubai and Northern Emirates conducted the first module of the Consulate’s year-long financial literacy program that focused on savings, budgeting, and debt elimination and management on 28 February 2020.

The Consulate General was pleased to note that most of the participants were related to each other— married couples, parents and their children, siblings, and cousins who were all eager to learn the ropes of being financially independent. Since the program’s inception in 2017, the Consulate has been emphasizing the importance of involving the family members, including the overseas Filipino’s family back home, on the importance of good financial management.

Attendees participated in a workshop that aimed to help them create a spending plan to better manage their hard earned money. Participants also learned how to manage their personal debts effectively.

The Consulate has been conducting its financial literacy program since 2017 to promote personal financial management among the members of the Filipino community. In efforts to come up with a program that is appropriate to the needs and requirements of Filipinos in Dubai and Northern Emirates, the Consulate tapped experts from the banking and insurance sectors, investment management companies, real estate firms, and professional organizations to develop training modules aimed at building the capacity of participants on various financial issues to allow them to make informed, sound, and effective financial decisions.

The seminars that the Consulate conducts yearly is free of charge, focuses on savings and budgeting, debt management, investment and insurance, entrepreneurship and re-integration. END

For more information, visit https://www.dubaipcg.dfa.gov.ph or https://www.facebook.com/PHinDubai/ or the Consul General's FB page @phcongendubaipaulcortes