NBRB, BRSM to team up to enhance financial literacy in Belarus

      The National Bank of the Republic of Belarus and the BRSM Youth Union will team up to enhance financial literacy of people, learnt from Second Secretary of the Central Committee of the BRSM Youth Union Albina Sychevskaya. 
       According to a BRSM Youth Union representative, Albina Sychevskaya, the Youth Union and the National Bank have signed a memorandum of cooperation in enhancing financial literacy. “We have suggested cooperation in our nationwide project to promote youth entrepreneurship. This project offers training sessions and master classes to help young people to develop business plans and start a business,” Albina Sychevskaya said. On its part, the BRSM Youth Union joined the project suggested by the National Bank. The youth union has already held an educational game “Financial Football”. A variety of events to enhance financial literacy was held in Belarus in 2012. The work will be continued in 2013.
      In January 2013 the government and the National Bank approved a joint action plan to enhance financial literacy in Belarus in 2013-2018. The plan provides for assessing financial literacy, holding a single awareness raising campaign and engaging mass media. The plan envisages measures to improve financial literacy of school children, the youth, and the most vulnerable groups of people