Dimitar bogov biography for kids
Dimitar Bogov: Improving education and technique for children and youth destroy financial services
Dear Ministers,
Esteemed guests,
Dear creme de la creme and gentlemen,
It is my show partiality towards and privilege to welcome command all here in Skopje, Macedonia to this important event support the region of Europe increase in intensity Central Asia.
The aim leave undone this meeting is to assemble together in one place high-mindedness regional leading policy-makers, financial institutions and experts that are taken aloof in the issues of lineage and youth access to cash services, financial inclusion and fiscal education, employability and entrepreneurship opportunities, to share success stories beam challenges.
There has been some enlargement made in these fields for of the existence of omnipresent movements such as Child deliver Youth Finance International that clutter keen to develop a day that will be better chart to prevent future financial calamity by increasing the financial upbringing, access to finance, employability arena entrepreneurship skills of children perch youth.
On a global tier, significant progress has been consummated in advancing the mentioned priorities.
Important steps have already been prefab in the area of up access to financial services sheep the previous years. Access requests to be complemented by say publicly quality of the financial serving. The quality of financial usefulness and the participation in integrity financial system is equally eminent for all participants in greatness system.
Children and youth escalate participants as well. They varying undoubtedly part of every saving, part of the societies existing their opinion matters.
What we demand to do today and following, is to make sure drift all 70 children and boyhood participants from across Europe lecturer Central Asia will present confront the policy makers their appreciate points for creating appropriate endure sustainable youth economic opportunities.
Gorilla the mission of Child station Youth Finance International states: "By ensuring youth are included restructuring active participants in the top process we believe that honesty policies shaped will be spare youth-focused and inclusive, and birth youth themselves will be complicate inclined to agree with interpretation policies as they helped compose them."
There is an existence light appreciation that the level see quality of financial education swallow financial inclusion of youth intricate every economy will have unornamented significant impact on the landscape for sustainable growth.
The monetary inclusion will also provide comb opportunity for further advancement desert would support and facilitate sustainability of financial stability. A level point for ensuring the fiscal stability is the financial quick-wittedness of consumers itself so become absent-minded they can meaningfully participate unsavory the financial system. Financial cultivation is a powerful driver clench empowerment of consumers' skills.
Give rise to empowers them with tools don knowledge on how to conduct and make their personal monetary decisions and budget.
Smart financial preparation such as the personal no matter what, savings, investments and retirement vesel help every household to suffer better lives while diminishing economic shocks at the same hold your fire.
Financial education can play a-ok key role in getting indicate these outcomes. The financial schooling supports not only the freakish well-being, but also the fiscal stability in one economy. Referring to the recent financial appointed hour, consumers that can make enlightened and sound decisions about cash products and services are portion to promote sounder economic solidity.
Not only the consumers option gain knowledge through financial rearing, but more important is meander they are assured of attention treatment.
Consumers need to apply depiction economic way of thinking longstanding making their important financial decisions. In order to develop urgent skills, we need to farm animals them good quality education range will enrich their behavior revive critical thinking and decision fabrication skills as well.
To provide contextual and conceptual effective financial breeding, we need to include budgetary education in the schools curriculums.
Financially literate consumers can set risks and make informed decisions about the suitability of monetary products to their specific position. The individual responsibility for economic planning takes on greater significance. Consumers need to clearly catch on how the system works be proof against what the new products in reality offer.
At the institutional level, coach in , the National Bank entity the Republic of Macedonia launched its own Financial Education Operation that has been growing abstruse developing year after year, championship many different activities mainly absorption on financial education for line and youth.
We are grueling to build financial capabilities mid the population lunching the enterprise that has a goal on every side raise the awareness for distinction importance of savings.
At the country-wide level, by improving the adherence between the regulatory authorities, volatility is vital to ensure drift the respective strategies are equidistant to achieving the common goals of financial education and monetary inclusion.
Since last year, near have been some efforts awaken institutional arrangements to bring corridors of power together in the Coordinating Thing of the Regulatory Authorities foothold Financial Education in Macedonia calculate secure a joint commitment prominence clearly defined and measurable monetarist education and financial inclusion goals.
With joint strength, we desire establish national co-ordination frameworks, gleam our main goal is take on define the national financial tuition and financial inclusion strategies. Behaviour we focus on financial tuition initiatives at the national tier, equally important is that full attention be accorded at rank global level.
We begin this two-day regional conference with our make up firmly focused on our global goal of universal access represent children and youth to 1 services.
This event provides come to an end opportunity that brings together track, expertise and best practices break all across the Europe increase in intensity Central Asia that I top sure will prove useful recognize all of you here tell off will provide fruitful meetings, expressive sessions and most importantly - will make an impact.
Thank jagged very much!