Financial literacy in school
KUALA LUMPUR: Bank Negara Malaysia plans to introduce financial literacy programmes in schools from next year, amid growing concerns over rising household debts in the country.
"We are currently in discussions with the Education Ministry and various stakeholders," said Bank Negara assistant governor Abu Hassan Alshari Yahaya.
Once finalised, the programmes will begin in primary schools next year and secondary schools in 2017.
A version of the programmes has been incorporated into the Mathematics and Bahasa Malaysia subjects for Year Three students.
"We view this programme as the building blocks for financial literacy. At the primary level, the process will be more basic. We will touch on heavier matters like investments and loans at the secondary school level and so on and so forth at the university level," said Abu Hassan at the launch of the third Financial Literacy Month, here, yesterday.