Global Money Week campaign is launched in Kyrgyzstan

10.03.2015

gmw

From March 10 to March 17 Global Money Week campaign will take place in Kyrgyzstan. This large scale campaing is annually held by Child and Youth Finance international organization in more than 100 countries worldwide.

The Global Money Week campaign is aimed at the development of saving culture and spread of financial knowledge among children and youth.

In Kyrgyzstan this campaign is supervised by the National Bank. Having the understanding of importance and significance of financial literacy among population and taking into account the experience in this area, Bai-Tushum Bank became one of the active participants in Global Money Week campaign implementation in Kyrgyzstan.

Moreover, for better population coverage, other financial institutions, associations and international institutions also joined the campaign. Among those are the Ministry of Finance of the Kyrgyz Republic, Deposit Protection Agency of the Kyrgyz Republic, Ministry of Labor, Migration and Youth of the Kyrgyz Republic, Union of Kyrgyz Banks LEA, Youth Development Institute PA, Development Policy Institute, FINCA Bank CJSC, Kyrgyz Investment and Credit Bank CJSC, International Finance Corporation (IFC), German Agecy for International Development (GIZ), Kyrgyz Stock Exchange CJSC, Private Investors Club PA, University of Central Asia etc.

Training sessions, workshops, round tables, excursions to financial institutions will be held across Kyrgyzstan.

Under this campaign and with a view to enhance financial literacy among population, the National Bank of the Kyrgyz Republic anounced the national contest among school children based on the following nominations:

  • Best composition on financial subject
  • Best poem “Devoted to the National currency of Kyrgyzstan”
  • Best drawing on “Som is Kyrgyzstan identity” subject

For more details about the contest and composition topics please see NBKR web-site at http://www.nbkr.kg/index1.jsp?item=2205&lang=RUS

Background information: 

The Global Money Week campaign mission is to promote the financial integration, available financial products and financial education for children and youth.  In 2014 around 2,000 events and activities were held in 118 countries under the GMW. They key objective of the Child and Youth Finance movement is to support children and youth in obtaining knowledge on how to preserve and spend responsibly. Currently less than 1% of children have access to financial education and integration into financial system. More detailed information may be found on the official web-sites www.childfinanceinternational.org and www.globalmoneyweek.org