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Global Money Week kicks off in Belarus

Society 12.03.2018 | 18:34
An archive photo
An archive photo

MINSK, 12 March (BelTA) – A bell was rung at the Belarusian Currency and Stock Exchange (BCSE) to mark the beginning of the Global Money Week in Belarus, BelTA informs.

“Today we are starting the Global Money Week. This year's edition is headlined Money Matters Matter. We have prepared a presentation on this topic to tell about the main rules of financial literacy, the need to plan your personal budget, and compare financial products when choosing between financial services,” said Yulia Sakovich, Head of the Financial Literacy Division of the Information and Public Relations Department of the National Bank of Belarus (NBRB).

According to the NBRB representative, this week will see plenty of events organized by banks, leasing and insurance companies. “The NBRB's main event is a competition of video bloggers. We have received 267 works. The videos turned out to be great, the jury is now busy selecting the best ones. The results will be announced on Friday,” she clarified.

The Global Money Week was launched by Child and Youth Finance International (CYFI) in 2012. The number of countries and organizations taking part in this campaign grows every year. Belarus was among the first in Eastern Europe to support this educational initiative and join the movement. “This initiative gained traction among Belarusian young people. The numbers speak for themselves: in 2013, the campaign saw 30 participants, versus 80 in 2014, 55,000 in 2015, 300,000 in 2016, and 500,000 in 2017,” Yulia Sakovich added.

This year, the Global Money Week is scheduled for 12-18 March. On Monday the Belarusian Currency and Stock Exchange opened its doors to high school and university students. Chairman of the BCSE Board Andrei Aukhimenya gave a welcome speech. He invited the bravest people to ring the BCSE bell to start numerous events to improve financial literacy.

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