Tuesday
February 23
2016

Framework Unveiled to Raise Financial Literacy

A national financial education framework has been launched to address money literacy and consumer protection challenges.

The framework was launched yesterday by the Bank of Tanzania (BoT) and the Financial Sector Deepening Trust (FSDT).

The BoT Governor, Prof Benno Ndulu, said the aim of the initiative was to improve the level of financial capability on the people so that they could make good choices in managing their finances.

“Tanzania has made significant progress in reducing financial exclusion by more than half in a short period since 2009,” he stressed.

Source: allAfrica (link opens in a new window)

Categories
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Tags
banking, financial inclusion, financial literacy