Efforts underway to instill financial culture through education

CAIRO – 3 October 2017: Head of the Egyptian Exchange Mohamed Farid and Education Minister Tarek Shawky have discussed the possibility of inserting curricula that specializes in finance, economy and investment in preparatory and secondary levels of education, a statement said on Tuesday.

During their meeting, Farid said that this step is important to enhance the financial culture and for the youth to understand the importance of investment and savings on the personal and broader economy levels.

He said that the financial culture should become part of the Egyptian culture through teaching it to children in a way that will allow them understand the notions of investment and savings from early on. Farid said that Thailand has had a successful experience in that respect.

Shwaky said that it is important to study the international experiences in this regard to be able to formulate interesting curricula for students to broaden their horizons.

Both officials agreed to study international experiences and start putting these curricula to be taught starting from the preparatory levels.