Le Nouvelliste | The BRH wants to introduce social and financial education in schools

Jean Baden Dubois, Governor of the Central Bank, set the ambition for our children and for the future, at the launch of the National Workshop for the Orientation and Integration of Social and Financial Education in the Curriculum School in Haiti, at the Hotel Karibe Congress Center, Monday, May 30, 2022. It is a bias “for a more complete education of our children who must be ready to face the many challenges of our time, to participate in the prosperity of our country while being responsible citizens”, he said.

“The construction of tomorrow’s citizen needs all kinds of well-cut and solid bricks, namely a multitude of skills in increasingly diverse fields that affect not only traditional formal education, but also environmental, technological and economic issues and, of course, financial ”, underlined Jean Baden Dubois.

“Through the efforts already made and which the Bank of the Republic of Haiti BRH will have to make, within the framework of the agreement between Aflatoun and the Ministry of National Education and Vocational Training, with a view to the “integration of social and financial education in education curricula, the Bank of the Republic of Haiti said it is ready to make its full contribution to the outcome of such a noble approach,” he added.

The Governor of the Central Bank, Jean Baden Dubois, welcomed the joining of forces, in the context of this 5-day workshop and in the context of previous works, to achieve the stated goals. “We are pleased to see that this space will facilitate discussions between the executives of the Ministry of National Education and Vocational Training (MENFP), representatives of the Ministry of Economy and Finance (MEF), representatives of the Ministry of Youth, Sports and Civil Affairs Action (MJS), financial system actors, business support, civil society representatives, representatives of national and international NGOs involved in education, on the most appropriate tools to facilitate the dissemination of educational techniques in these two complicated and important areas Your efforts should help educate a new generation of young Haitians endowed with ever-improving financial habits,” said Governor Dubois before taking stock of the financial education situation in Haiti.

“Overall, 67% of adults don’t understand the basics of finance. In Haiti, according to Finscope 2018 surveys, about 53% of adults believe they need more information about their personal finances. In addition, 51% of adults say they need financial education to save better, compared to 50% to invest better. The level of financial exclusion is estimated at 46%, but only 11% of the population has a bank account. You will agree with me that this is a critical situation that needs to be addressed as soon as possible through coordinated public policies,” said Dubois, stressing that “the financial education of the public is becoming a necessity.”

“Even today, we want to continue working with other key players in the national and international ecosystem, public or private players, the community of financial education practitioners, to take this project even higher and achieve it safely. As I have said before, A series of coordinated public policies are needed between the different domains of public and private administration to achieve this, because financial and economic education is everyone’s business,” said Jean Baden Dubois, who described the involvement and leadership of the former minister. Josué Agénor Cadet and current minister Nesmy Manigat.

“The success of this project, emphasized the central bank governor, depends not only on national cooperation, but also on technical assistance of international cooperation, hence the participation of Aflatoun representatives in the workshop.”

“Aflatoun, explains Jean Baden Dubois, is an international company specializing in the development of financial education curriculum. Her experience is well established in the field where it contributes to the education of more than 5.6 million children a year through more than 167,000 teachers trained in this direction and distributed in 102 countries”.

“I am delighted that today we have finally arrived at this very important moment, within the framework of the implementation of the Tripartite Agreement signed in June 2020 between Aflatoun International, the Ministry of Education and Vocational Training (MENFP) and the Bank of the Republic of Haiti (BRH), led by the Ministry of Economy and Finance (MEF), which chairs the Coordinating and Monitoring Committee of the National Strategy for Financial Inclusion,” said Dubois, addressing the youths.

“According to data provided by the United Nations in 2021, you are one of the largest segments of the Haitian population. So you are in our field of vision, because more than half of the Haitian population today is made up of young people under the age of 21. Making you aware of the management of your personal finances, of the fundamental concepts of the economy, is working for a fairer country, it is also contributing to the achievement of the Sustainable Development Goals, because a child who is financially well educated, today, today, will be a more financially savvy citizen in the future,” said central bank governor Jean Baden Dubois.

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