Queen Máxima Visits The Philippines: June 29-July 1

  July 2, 2015 at 5:14 am by

View the full image at RefDag.nl

View the full image at RefDag.nl

As a special advocate of the Secretary-General of the United Nations for inclusive finance for development and at the invitation of the Government and the Central Bank, Her Majesty Queen Máxima visited the Republic of the Philippines from Monday June 29 to Wednesday July 1.

Tuesday June 30, in the morning, the Queen was in Manila where she had a working visit with members of the UNDP United Nations Development Program and she was informed about the state of access to financial services in the Southeast Asian country.

In the afternoon, Queen Máxima went to Tagatay, a city in the Province of Cavite known for agriculture and tourism. There she visited a pineapple plantation and she talked with local entrepreneurs about how financial services as a bank or savings account, loan or insurance can help. The last event of the first day was a meeting with the Philippine President Benigno Aquino III at the Malacañang Palace in Manila.

On Wednesday July 1st, Queen Máxima attended the launch of the National Strategy for Inclusive Finance, a plan of the government under the auspices of the Central Bank for better cooperation between ministries, government agencies and the private sector to improve access to financial services for the population of the country.

In her speech the Queen said that “access to financial services allows poor households and small entrepreneurs to invest in education, build their businesses, save for retirement, and confront unforeseen risks” and she also added that the launch of the National Strategy for Financial Inclusion is a crucial step for the Philippines. The Queen also stated that “I believe the Philippines is ready to start its journey towards a more financially inclusive and cash-light economy, building on the country’s mobile and digital innovations.”

Later Queen Máxima went to the Central Bank where she had meetings with the Governor of the Central Bank, Amando Tetangco Jr and various ministers and members of governmental institutions and the economic development authority. The last event of the visit was a reunion with the Speaker of the House of Representatives, Feliciano Belmonte.

Queen Máxima was appointed in September 2009 by UN Secretary-General Ban Ki-Moon as his Special Advocate. Since June 2011, Queen Máxima is honorary chairman of the G20 Global Partnership for Financial Inclusion (GPFI).

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