Global Money Week has been taking place worldwide since 2012, with a single break in 2020 due to the pandemic, whereby since 2021 it has been organized by the OECD. This global initiative, which has been marked in more than 175 countries throughout the world so far, raises the awareness of young people about financial education and increases their knowledge of money, savings, employment and entrepreneurship. Each year, young people discuss, read, and learn about economic and financial systems by means of various activities carried out by financial, state, and educational institutions.
The purpose of Global Money Week is to encourage young people to invest in their future, while emphasizing the importance of financial literacy and education, which will help them become aware of their financial rights, it will facilitate their access to financial services and develop their financial skills.
Financial education is an integral part of the mission of the Insurance Supervision Agency and traditionally, this year again, we will participate in the marking of Global Money Week and we will promote financial literacy in our country through events, publications and partnerships. All activities are aimed at improving financial literacy through better financial education.
The agency will take part through numerous activities on several levels: promotion of useful contents and provision of advice to the insured through the education portal with an emphasis on the protection of their rights and interests, sharing useful and timely information through the website and social networks, educational questionnaires, surveys, organized quizzes, educational online lectures, TV appearances, promotion of good practices in the field of financial education and financial inclusion, promotion of the role of insurance companies and insurance intermediaries in financial education in order to become part of their good operation in regard to their financial clients, stimulation of accountability and responsibility of insurance companies and insurance intermediaries, not only in the provision of information and advice on financial matters, but also in the promotion of the clients’ financial awareness.
This is an excellent opportunity to involve all participants in the insurance market, with their own activities and ideas.