NUCLEAR POWER IN BELARUS AND WORLDWIDE
Improving the financial literacy is an international trend, Deputy Chairman of the Board of the National Bank of Belarus Sergei Dubkov said as he met with representative of the Child & Youth Finance International (CYFI), BelTA has learned.
"Improving the financial literacy is a global trend. These issues are reflected in the documents of the G20 and G8. It was a response to the situation that we had to deal in the financial market in 2008-2009,” said Sergei Dubkov.
According to Sergei Dubkov, Belarus got involved in the work to improve the financial literacy just in time. It was one of the first in the former Soviet Union and Eastern Europe to adopt the systemic approaches to financial literacy. The joint action plan of the National Bank and the Government designed to run until 2018 has become the national strategy in these matters.
Raising the level of the financial literacy is the responsibility of the financial market participants and also the society as a whole "because the understanding and the ability to manage your money are important for the financial wellbeing of an individual, families and businesses, and the country as a whole," said Sergei Dubkov.
The Government and the National Bank created an interdepartmental coordinating council which is responsible for the issues of financial literacy. It is made up of representatives of government bodies, international organizations, and market participants. "The National Bank consistently brings up new initiatives, carefully studies the experience of other countries," said Sergei Dubkov.
"This year’s goal is to better the cooperation between the National Bank and the Education Ministry. As part of the joint activities, financial officials will attend the classes in schools, will contribute to the development of the educational materials, and will hold the nationwide Olympiad.
"Improving the financial literacy is a global trend. These issues are reflected in the documents of the G20 and G8. It was a response to the situation that we had to deal in the financial market in 2008-2009,” said Sergei Dubkov.
According to Sergei Dubkov, Belarus got involved in the work to improve the financial literacy just in time. It was one of the first in the former Soviet Union and Eastern Europe to adopt the systemic approaches to financial literacy. The joint action plan of the National Bank and the Government designed to run until 2018 has become the national strategy in these matters.
Raising the level of the financial literacy is the responsibility of the financial market participants and also the society as a whole "because the understanding and the ability to manage your money are important for the financial wellbeing of an individual, families and businesses, and the country as a whole," said Sergei Dubkov.
The Government and the National Bank created an interdepartmental coordinating council which is responsible for the issues of financial literacy. It is made up of representatives of government bodies, international organizations, and market participants. "The National Bank consistently brings up new initiatives, carefully studies the experience of other countries," said Sergei Dubkov.
"This year’s goal is to better the cooperation between the National Bank and the Education Ministry. As part of the joint activities, financial officials will attend the classes in schools, will contribute to the development of the educational materials, and will hold the nationwide Olympiad.
