National Strategy Plan on Financial Literacy

National Strategy Plan on Financial Literacy

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Hanorin Komunidade > Financial Education Program > National Strategy Plan on Financial Literacy
In November 2014, the BCTL commenced engagement with key stakeholders on a National Strategic Plan (NSP) for Financial Literacy.
The objective of having a National Strategic Plan (NSP) on Financial Literacy is to raise the level of awareness of financial literacy issues at a national level, achieve collaboration amongst various stakeholders, identify the best modalities for co-ordination, and ensure relevance at the national level.
It will also be instrumental in identifying a leading authority for the NSP and establishing adequate co-ordination mechanisms in readiness for implementation.
Such co-ordination will encompass the setting of responsibilities and roles consistent with the main stakeholders’ expertise, strengths, interests and resources.
It will be sufficiently flexible to adapt to changing circumstances and permit renegotiations amongst stakeholders whenever necessary in order to achieve better co-ordination and avoid unnecessary duplication.
This National Strategic Plan for Financial Literacy provides a roadmap to improve the level of financial literacy in the population and to improve people’s ability to manage their personal financial affairs.
This National Strategic Plan for the years 2016 to 2020 has been developed through consultation meetings and discussions with various key stakeholders. There was a wide support for a national strategy.
In particular, the commercial banking sector has expressed a keen interest in supporting as well as participating in discussions as the national strategy develops.
There are four focus areas in this National Strategic Plan: providing leadership, reaching the target audience, maintaining quality and sharing what works.
This strategy will support greater financial literacy in the Timor-Leste community.


Timor-Leste National Strategy Plan for Financial Literacy