Moldovan PM participates in first National Financial Education Forum

Chisinau, 21 March /MOLDPRES/ - Prime Minister Dorin Recean today participated, along with Governor of the National Bank of Moldova (BNM) Octavian Armasu, in the first National Financial Education Forum, organized by BNM to help citizens gain skills of efficient management of incomes. The event brought together economic experts, representatives of the banking community and Moldova’s development partners, including Governor of Lithuania’s National Bank Gediminas Šimkus, the government’s communication and protocol department has reported.     

The PM said the financial education was decisive in the development of the young generation and of the entrepreneurial spirit. ‘’It is necessary that we promote the financial education as early as since the school age, among pupils and then at the university, as well as at banks where people appeal to open an account. This will help us much to make progress in the society, to educate a class which understands quite well what the resource means and the way it can be used as efficiently as possible. At the same time, it is within the social responsibility of the enterprises, banks and insurance companies to contribute to the sustainability of their profitableness and this can be achieved only when we have a financially educated society,’’ PM Dorin Recean said.    

For his part, Governor Octavian Armasu referred to the actions undertaken by BNM, in order to enhance the degree of residents’ financial culture. Among them, there are diverse activities for children and young people and the organization of roundtables for the development of the financial independence. ‘’The financial education has become an indispensable part of the modern life; therefore, the next step is the working out of the financial education strategy, which will systematize our everybody’s actions, beginning with the authorities up to the citizens. We want a society which is able to manage the resources correctly and in which people take rational decisions as to their money,’’ Governor Octavian Armasu stressed.    

The participants in the forum discussed the role of Moldova’s authorities and of the civil society in the process of financial education, as well as about the international practices in this field. The event was held within the Global Money Week.  

Photo: Government