Global Money Week starts in Tajikistan today

DUSHANBE, March 14, 2016, Asia-Plus — For the second year in a row Tajikistan is part of the international financial literacy week – Global Money Week, which is taking place on March 14-21, 2016.  The event is dedicated to the issues of increasing financial awareness of the young generation and is conducted across 124 countries […]

Asia-Plus

DUSHANBE, March 14, 2016, Asia-Plus — For the second year in a row Tajikistan is part of the international financial literacy week – Global Money Week, which is taking place on March 14-21, 2016.  The event is dedicated to the issues of increasing financial awareness of the young generation and is conducted across 124 countries annually.

The Global Money Week is the initiative of the international organization Child and Youth Finance International and is conducted in partnership with competent institutions in the participating countries.  In Tajikistan, these are the National Bank of Tajikistan, local financial institutions, the Association of Banks of Tajikistan and the Association of Microfinance Organizations of Tajikistan.

Just like previous year, GIZ Program “Framework and Finance for Private Sector Development in Tajikistan” (FFPSD) is actively involved in the Global Money Week – 2016.

GIZ Office in Dushanbe says that with less than a week to go, the Program specialists, upon NBT request, are holding a ToT for the officers of local financial institutions on the methodology of delivering educative, interactive seminars for students of secondary schools and universities.  For that reason, they have adapted training materials to ensure the audience apprehends and digests the specific information.

Seminars that were conducted in frames of the Global Money Week on March 9-17 last year reportedly covered 689 students of secondary and high schools of Dushanbe and Khujand, as well as in 8 districts of Khatlon province and districts subordinate to the center with participation of partner financial institutions.  Globally, the event last year covered 5.6 million of schoolchildren and students.

FFPSD program is implemented by GIZ; it is commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) and co-financed by the UK Department for International Development (DfID).

Global Money Week (GMW) is a global money awareness celebration that takes place every year during the 2nd week of March.  It is coordinated by the Child and Youth Finance International (CYFI) Secretariat to raise awareness on Economic Citizenship and directly engage children and youth worldwide on the issue.  The celebration of Global Money Week consists of a series of activities held at the regional, national and local level by the partners and stakeholders of the Child and Youth Finance Movement, and are geared toward engaging children, youth and their communities in learning about financial education and financial inclusion.

According to the Global Money Week website, “The week brings the world one step closer to ensuring that every child will have access to financial services, financial awareness through education, a reliable source of income, and the will to save.” 

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