Africa-Press – Angola. More than five hundred young people from the ten municipalities of the province of Benguela participated this Monday, in this city, in the 1st Youth Forum on Education and Financial Inclusion 2023,
The meeting, an initiative of the Ministry of Youth and Sports in partnership with the National Bank of Angola (BNA), aimed to awaken youth to the five pillars of financial education.
“Application, investments, savings, expense control, planning and savings” were the pillars highlighted during the forum.
For a few hours, topics such as The impact of the education program on financial literacy, Financial education as a factor in the participation and economic and social inclusion of young people, The role of families in financial education for the empowerment of future generations, among others .
When speaking at the opening, the Secretary of State for Youth, Boaventura Chitapa, said that the forum represents compliance with the guidelines of the Holder of the Executive Power, regarding the government program for the four-year period 2023/2027, in this sector.
Boaventura Chitapa said that the national policy for youth finds its legal framework in Art 81 of the CRA and in Presidential Decree no 273/19 of 2 September, which establishes the fundamental rights of this stratum of society.
For the Secretary of State, the biggest problem facing youth today is not solely related to job and housing guarantees.
For the most part, he highlighted, it is devoid of this great and important financial rationalization mechanism, and the insufficiency of financial assets among young people cannot serve as a pretext to justify poor financial management.
For the person responsible, this forum becomes relevant, as it will serve to provide young people with educational mechanisms on financial management, which could allow them to save and manage their finances, thus guaranteeing their growth and sustainable development.
The specific objective of the forum was to strengthen information on the national financial system, as a tool to reach and raise awareness among young people and adolescents about the balanced use of money.
Making assertive decisions around finance and consumption, as well as expanding, at national level, young people’s access to financial services and products to encourage entrepreneurship and youth empowerment, are other specific objectives.
The head of the western region of the National Bank of Angola, João Borges, said that, within the scope of the inclusion and financial education policy, a set of activities is being carried out to raise awareness not only among youth, but the population in general, about the best way to handle money.
“We hope that the young people present here leave this meeting with much more information on how to deal with money and have a financial culture that they can pass on to their families and beyond”, he said.
The head of the Provincial Youth Council in Benguela, Lucas Catimba, praised the forum and said he was convinced that the participants would be positively transformed in terms of education and financial inclusion.
He called on those present to make the most of this “unique” moment, in the certainty that it constitutes a window of opportunities for the challenges and ambitions of youth in the future.
For next Tuesday (12), the Entrepreneur’s Fair is scheduled to take place under the motto “Being young means saving to grow and develop”, with the participation of commercial banks and economic agents.
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