MICROCAPITAL BRIEF: National Bank of Belarus Develops Financial Literacy Program

Deputy Chairman of the Board of the National Bank of Belarus Sergei Dubkov recently announced the design of a government program to enhance financial literacy for individuals and small businesses. The draft will first be revised by the National Bank after which it will be sent to government agencies in September for approval. Reportedly, an extended session of the Board of the National Bank will approve the program in October.

This program was developed by the committee affiliated with the Association of Belarusian Banks and with assistance of specialists from the World Bank and other unnamed international financial organizations. The National Bank of Belarus is intended to publish, in partnership with the VISA international payment system, teaching aids for the training course on financial literacy.

By Mihaela Grindeanu, Research Associate

Sources and Resources:

Press release on the National Legal Internet Portal of the Republic of Belarus, “Belarus drafts financial literacy program”, http://law.by/main.aspx?guid=73373

MicroCapital.org story, October 15, 2011: “MICROCAPITAL BRIEF: Triodos Invests in Microfinance Institutions (MFIs) Advans Ghana, KixiCrédito of Angola, TYM Fund of Vietnam, Belarusian Bank for Small Business”, https://www.microcapital.org/microcapital-brief-triodos-invests-in-microfinance-institutions-mfis-advans-ghana-kixicredito-of-angola-tym-fund-of-vietnam-belarusian-bank-for-small-business/

MicroCapital.org story, June 15, 2011: “MICROCAPITAL BRIEF: Triodos Invests in Microfinance Institutions (MFIs) KixiCrédito of Angola, Advans Ghana, Arnur Credit of Kazakhstan, Belarusian Bank for Small Business, Kompanion of Kyrgyzstan”, https://www.microcapital.org/microcapital-brief-triodos-invests-in-microfinance-institutions-mfis-kixicredito-of-angola-advans-ghana-arnur-credit-of-kazakhstan-belarusian-bank-for-small-business-kompanion-of-kyrgyzstan/

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