The National Bank of Tajikistan (NBT) has declared April of 2020 as the financial literacy month in Tajikistan.    

According to the NBT press center, Tajik central bank jointly with the Ministry of Education and Science and partner organizations will hold the financial literacy month until the end of April in the framework of international campaign Global Money Week 2020.  

Partners of this campaign also include the International Finance Corporation (IFC), the Savings Banks Foundation for International Cooperation (Germany), the Open Society/Assistance Foundation – Tajikistan, Tajikistan’s Siyoma Company and Tajikistan’s lending agencies. 

Megafon Tajikistan is a digital partner and Asia-Plus Media Holding is an information partner of the event.  

The main objective of the event is in raising financial literacy of the population and teaching teens and youth how to establish and maintain healthy financial habits.

The NBT, in particular, notes that financial awareness is missing in most homes and financial education is absent from most school systems throughout the world.  To-date, less than 1 percent of children in the world have access to financial education, according to Tajik central bank.   

“Many young people face difficulties in obtaining and using loans, that negatively affects their further development and well-being,” the NBT says.   

Global Money Week (GMW) is a global money awareness celebration that takes place in March every year.  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.

The official slogan of GMW is #LearnSaveEarn:  The 2017 edition of GMW will take place from 27 March

• Learn: Educating children and young people about their social and economic rights and responsibilities is key to creating a generation of capable adults who can make wise decisions for their future;
• Save: It is important for children and youth to build clever savings habits from an early age in order to cultivate key money-managing skills for later in life;
• Earn: Developing livelihoods skills or receiving entrepreneurial training supports children and young people with getting a job or building their own business and developing their careers.