President Wickremesinghe launches school-level financial literacy enhancement programme

Sri Lanka has launched a ‘Capital Market Club’ programme at the school level to enhance financial literacy among the country’s students.

President Ranil Wickremesinghe marked the launch of this programme with the inauguration of the Capital Market Club at the Nugawela Central College, Kandy. 

Wickremesinghe in many occasions has stressed the importance of technology and financial literacy for Sri Lanka to become a developed nation by 2048.

During yesterday’s inauguration, Wickremesinghe also announced integration of Central Bank’s reports into schools for discussion.

To facilitate this, the Central Bank of Sri Lanka is set to introduce a comprehensive training programme for teachers and student leaders.

This forward-looking approach aims to equip students with a solid understanding of the stock market and financial concepts, fostering a financially savvy young population.

The Secretary of the Ministry of Education M.M. Ranasinghe, Securities and Exchange Commission Director General Chinthaka Mendis and Colombo Stock Exchange Chief Executive Officer Rajiva Bandaranaike signed the Memorandum of Understanding (MoU) on this programme.

The government has selected 100 schools for this programme and a seed fund of Rs.10 million has been allocated for it.