"Through synergistic action to better financial literacy"

At the meeting, it was assessed that financial education should be made available to young generations, taking care to ensure that the offered programs are adapted to their age and interests.

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Illustration, Photo: Shutterstock
Illustration, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The Ministry of Education, Science and Innovation, the Innovation Fund and the Central Bank (CBCG) have agreed on synergistic action on the design and implementation of initiatives aimed at financial literacy of children and young people.

At the meeting of the Governor of the CBCG, Irene Radović, the Minister of Education, Science and Innovation, Anđela Jakšić-Stojanović, and the Director of the Innovation Fund, Bojana Femić-Radosavović, there was talk of plans related to the intensification of activities aimed at improving the financial literacy of Montenegrin citizens, primarily children and young people. .

They also discussed the possibilities of cooperation in the implementation of projects that promote innovation, fintech and the introduction of ESG standards.

The interlocutors, as announced by the CBCG, agreed in their assessment that strengthening financial literacy is a prerequisite for a stable and sustainable economic future for each individual, but also for the entire community.

At the meeting, it was assessed that financial education should be made available to young generations, taking care that the offered programs are adapted to their age and interests.

During the conversation, numerous activities of the three institutions were recognized, and opportunities for mutual connection and strengthening of synergy were carefully considered, in order to achieve common goals more efficiently in this important segment.

Jakšić-Stojanović said that a special focus should be placed on empowering teachers to be effective promoters of financial education, so a joint commitment was agreed on their training in order to acquire the necessary knowledge and skills and convey to students the importance of financial responsibility and basic financial skills.

Radović said that she is sure that their partnership will bring concrete and measurable improvements in the level of financial literacy of citizens, which will further contribute to creating a more stable financial future for everyone.

Femić-Radosavović announced that the Innovation Fund is ready to support the implementation of financial education activities through the existing processes of innovation development and participation in designing innovative channels for the distribution of financial education.

The meeting ended with the agreement that the three institutions will continue intensive communication so that in the coming weeks, through the concretization of the agreed steps, preconditions will be created for an even stronger implementation of the National Program for the Development of Financial Education in Montenegro 2023-2027.

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