The strategic objectives include banking the 34 percent unbanked adults, transitioning the 14 percent relying on informal services to formal ones, and ensuring financial access for the over 60 percent lacking any form of financial services.

• National Financial Inclusion Strategy PDF 951 KB

Developed by incorporating insights from stakeholders, including the private sector and global best practices, the NFIS aligns with Tongans' development aspirations. The strategy empowers individuals and communities by facilitating effective use of financial services, contributing to inclusive economic development and enhanced financial resilience. Consumer protection measures instill confidence in using financial services and products.

Strategic partnerships with AFI, UNCDF and other partners to benefit from innovative approaches are crucial for overcoming access and affordability barriers to financial inclusion. Collaboration among stakeholders is essential, recognizing their shared responsibility for Tonga's common good. The NRBT plays a central role in driving NFIS implementation, ensuring financial system stability. The NFIS has five focused objectives:

1. Improve and deepen access to financial services.
2. Enhance Micro and Small Medium Enterprises' (MSMEs) access to finance.
3. Promote and support responsible Digital Financial Services (DFS) and product innovation.
4. Promote consumer protection and financial competencies.
5. Foster inclusive green financing.

The NFIS launch in 2023 initiates stakeholder consultations to finalize and prioritize objectives and actions. Support and cooperation from all stakeholders are sought to achieve the ultimate goal of enhancing economic prosperity and livelihoods in Tonga.