Skopje, 17 August 2024 (MIA) - By building partnerships and including all interested financial institutions, associations and civil societies, the National Bank works to increase awareness and promote financial education on a broad basis. For that purpose, on behalf of the National Bank and the Association for encouraging youth cooperation, promoting peace and stability - MACEDONIAN ALPBACH COMMUNITY, the Governor Anita Angelovska Bezhoska and the representative of the Association, Marko Paloski, signed a Memorandum of Cooperation.

The Memorandum provides for the National Bank to organize financial education lectures, trainings and workshops for the members of the Association, as well as for various target groups in cooperation with the Association, the National Bank said in a press release.

"The Association will cooperate with the central bank through proposals for project activities in the field of financial education, as well as by organizing the members to attend the educational activities and use the materials. The cooperation and project activities open up new opportunities for young people for education, proactivity and innovation," reads the press release.

In 2021, the first national Strategy for Financial Education and Financial Inclusion was adopted, developed by the financial regulators, under the leadership of the National Bank. The Strategy provides a systemic framework for strengthening the financial education processes and raising the level of financial literacy of the population. Strengthening coordination and cooperation between financial regulators, private financial sector and civil sector is of great importance for the processes. The cooperation means optimum use of resources, constant efforts and increased collective responsibility in relation to the goals set, the central bank said.

Photo: MIA archive