"Because the activities were done virtually, the participants could join many of them in a day," member of the Commissioners Board for Education and Consumer Protection of the Financial Services Authority (OJK), Tirta Segara, informed here on Tuesday.
Meanwhile, if the financial literacy education was executed on-site, moving from one location to another would be difficult, and thus, only one to two activities would be possible in one day, he pointed out.
Financial literacy education activities have continued to be carried out amid the pandemic so that the target of 90-percent financial inclusion can be achieved by 2024, he affirmed.
Apart from being more effective, online financial literacy education can also reach a wider community, he explained.
During the first half of 2021, OJK created up to 295 items of content on financial education for the community, he added.
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Currently, OJK is completing a learning management system module that can later be accessed independently on OJK servers by people who want to learn about finance, Segara informed.
However, OJK is still facing difficulty in conducting online activities on financial literacy in areas that lack uninterrupted Internet services, he said.
Not all people have the facilities to join online education, he noted.
"So, it must be facilitated in groups, for example, by using one mobile phone that can be used together to listen to the module," he said.
During the COVID-19 pandemic, OJK has also continued to ask the Finance Services Institution (LJK) to educate the community around their offices at least once a year.
LJK, which has not been able to carry out its educational activities face-to-face due to the COVID-19 pandemic, can do it virtually, he pointed out.
"We also do educational activities on social media such as Instagram, Twitter, and so on. This is to make it more massive so it can reach more people," he said.
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