Alessandro Boyd, Gleaner Writer
Michelle Duncan, a 38-year-old vendor, strolled through the St William Grant Park in Kingston yesterday, a look of anticipation on her face.
Her stall is located relatively close to the park, but a friend informed her of a function taking place in the park and the benefits which could be gained. That function was the Financial Markets Symposium and Fair organised by the Jamaica Deposit Insurance Corporation (JDIC), in partnership with the Bank of Jamaica, and the Kingston and St Andrew Corporation (KSAC), among other companies.
"I am taking note of what's going on and it is very interesting, it's kinda helpful as these people are teaching me how to make better financial decisions," Duncan told The Gleaner. "I have been to three booths already and even brought my kids to enjoy the playground with the rides."
Antoinette McKain, CEO of JDIC, said the initiative was to sensitise the public on the regulated financial system, the instruments they can invest in, and the associated risks.
"We have banks, insurance companies, investment houses, and they are all here to educate the public on products and services," she said.
She noted the importance of staging such an event in downtown Kingston, a position which Mayor of Kingston Angela Brown Burke supported.
"This symposium fits very nicely with our priorities at the KSAC. It is about empowering our citizens and making them informed so that they can make better choices," the mayor said.
"This is helping them to not only be more financially literate, but also to make the appropriate decisions, whether it is safeguarding their money, or making other decisions that are in their interests," Brown Burke added.