Financial education from an early age produces long-term results, Ministry of Finance

The earlier is the age at which financial education starts, the more visible will be the results in the long run. The children, young people should realize what the national public budget is, how it is formed and distributed, while the central public authorities should help disseminate this information in a transparent and accessible way. To achieve this goal, a national financial education campaign entitled “Public Budget is your Budget” will be carried out in Moldova during March 23-27, secretary general of the Ministry of Finance Yuri Pasinschi stated in the campaign launch, being quoted by IPN.

According to Pasinschi, the aim of the campaign is to increase the financial literacy level, with emphasis on public finance. The campaign will include activities intended for young people from all over the country.

The functionary said the financial decisions accompany us daily, being an indispensable part of our life. “To take assumed decisions, we need knowledge, as in any other matters. Financial education does not envision only informing about the financial instruments we use. It is the capacity to realize how the public or private money works and how it is managed so as increase the financial resilience level of society and of each individual apart,” stated Yuri Pasinschi.

As part of the campaign, there will be launched a Public Finance Club that will be a discussion platform promoted at the Academy of Economic Studies that is intended for students and teachers of the Academy and also for other persons interested in public finance.

A series of webinars centering on fundamental public finance concepts for students from all over Moldova will be launched on March 24, starting at 3pm. On March 25, starting at 6pm, there will be broadcast the program “Money Talks”, while on March 26, at 7:30pm – a mind game on public finance, which is an open competition between teams based on curiosities from the field of public finance. All the activities are held online.

The national financial education campaign “Public Budget is your Budget” is conducted within the Global Money Week in which the Republic of Moldova takes part alongside over 170 countries.

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