Financial education in public debate

The Ministry of Education has opened the public consultation for the draft National Financial Education Strategy 2023-2030, which also aims to address the incorporation of financial education concepts into the school curriculum, in accordance with the provisions of Law No. 198/2023 on pre-university education. According to the ministry, it is important for schools to cover financial education topics, which include understanding the role and function of money, the need for financial planning, the benefits of delaying immediate gratification, as well as the challenges of managing finances and developing the necessary attitude to avoid financial difficulties. This discipline could also lead to the development of a savings-oriented behavior.

The implementation of the strategy seeks to educate the population to make more informed and responsible financial decisions, leading to increased personal and family well-being. In addition to improving financial literacy across the entire population, the measures outlined in the strategy also aim to create an environment that encourages financial stakeholders to continue providing high-quality financial education to the public, which can benefit taxpayers and society as a whole, as stated in a Ministry of Education press release. According to the source, "The better taxpayers understand both the opportunities provided by available financial products and the necessity of fulfilling their fiscal obligations, the more resources are available for economic and social prosperity. These resources enhance the daily lives of taxpayers and their children, building a stable and reliable economic future." Adapting the subjects studied in schools to the current requirements of society represents a significant step forward.