Friday, 10 September 2021 13:31

BCR promotes the Financial Education program in the country's schools

Written by Evelyn Alas

The Banco Central de Reserva informed that they visited the department of Cabañas to train students of Centro Escolar Karold Wojtyla and the Complejo Educativo Católico Pío XII, on savings, financial products and services.

The BCR indicates that the Financial Education program is of great importance, because it is not a subject that is not taught in schools and that is why different institutions joined forces to teach topics that generate habits such as saving, avoiding indebtedness, keeping control of expenses, and the generation of wealth that will be vital for salvadorans.

In addition, this program seeks to provide financial educational support to children, youth and adults that will allow them to have the necessary tools to improve their finances.

According to the Banco Central de Reserva (BCR), the Programa Educación Financiera de El Salvador, (PEF) is made up of nine institutions, which provide support to salvadorans on financial issues such as: Defensoría del Consumidor (DC), Instituto de Garantía de Depósitos (IGD), Ministerio de Educación (MINEDUCYT), Banco de Desarrollo de El Salvador (BANDESAL), Banco Hipotecario (BH), Banco de Fomento Agropecuario (BFA), Superintendencia del Sistema Financiero(SSF), Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE).

The objective of the institutions is to ensure that the financial education program reaches more salvadorans in alliance with 37 institutions that have made available allusive material to support financial learning.