Financial education coming to schools

School Children Zambia

THE BANK of Zambia (BoZ) has embarked on a programme to introduce financial education in schools.
BoZ deputy governor Tukiya Mabula said the programme would help boost financial literacy levels.
Ms Mabula said this at a briefing on the dissemination of the Gender Status Report and the Farmer Input Support Programme (FISP) Assessment in Lusaka yesterday.
She said the education programme would enhance financial literacy levels in Zambia as there were fewer numbers of people who had access to banking services especially women.
Ms Mabula said the Central Bank’s objective was to raise financial inclusion in Zambia by 50 per cent from the current 37.3 per cent.
Gender and Child Development Permanent Secretary Annie Sinyangwe said in a speech read on her behalf by Director for Child Development John Zulu that the report would facilitate informed decision making in all sectors of the economy.
Ms Sinyangwe said the Gender Status report provided an unbiased evidence to support research and policy development by assessing the difference in the social economic development of women and men in all sectors.
Citizen Economic Empowerment Commission (CEEC) director general Likando Mukumbuta said in a speech read on his behalf by Lusaka provincial empowerment coordinator Brian Mutale that the organisation was using Government’s mandate of rural industrialisation to boost economic development.