Africa-Press – Angola. The deputy governor of Huambo for the Political, Social and Economic sector, Angelino Edmundo Elavoco, defended on Monday the strengthening of education and financial inclusion of citizens, from an early age, with a view to promoting a culture of savings.
The vice-governor was speaking to the press, after proceeding, at provincial level, to the opening of the Global Money Week, with the participation of teenagers and young people from various educational institutions in Huambo, directors of local government offices, academics, heads of banking and insurance institutions.
Due to end on Saturday, the Global Money Week, an initiative of the National Bank of Angola (BNA), which takes place in the gymnastics pavilion in the lower city of Huambo, under the motto “Plan your expenses, plan your future”, aims to develop, among adolescents and young people, actions that allow them to make sound decisions on financial management.
On the occasion, Angelino Edmundo Elavoco said that it was important for citizens to get in touch with knowledge and savings activities, as soon as possible, in order to gain this culture, which is fundamental for improving their lives.
To this end, he defended greater dissemination of information on the functioning of the national financial system and the services that banks make available to the population, with regard to savings, so that they acquire more knowledge on the subject.
With a view to achieving this aim, he considered it essential to involve, in addition to the BNA, as the monetary authority of the country’s financial system, commercial banking institutions, business associations, families, in tasks aimed at increasing the level of financial literacy of the population .
With the rise of financial literacy in society, there will be, according to the official, a more robust financial system, allowing it to be able to respond fully and quickly to the concerns and needs of families and populations.
In another part of the interview, Angelino Edmundo Elavoco highlighted the importance of carrying out the Global Money Week, as it will allow the participants to raise their level of knowledge in terms of savings and financial education, with a focus on improving the quality of their lives and combating the poor.
In turn, the BNA Regional Center delegate, Rosalina Lopes Lima, made it known that the activity is part of a campaign by the financial institution, with the aim of making adolescents and young people, as well as the population in general, aware of the benefits and the importance of managing personal finances well,
According to the official, the aim is to enable citizens, from an early age, to gradually acquire the knowledge, skills and behavior necessary for making more solid financial decisions, with a view to guarantee their economic and social well-being in the future.
financial fair
The Global Money Week is being marked with the holding of a Financial Fair, also opened by the Deputy Governor of the Political, Economic and Social sector, which has the participation of various financial institutions and insurance companies, which are exhibiting the various services provided to the population in this region of the central plateau.
Among the exhibitors are BNA, the organizing institution, Banco Sol, Banco Angolano de Investimentos (BAI), Banco de Poupança e Crédito (BPC), Banco de Fomento Angola (BFA), Administration General Tributária (AGT), Instituto Nacional de Support for Small and Medium-sized Companies (INAPEM), Nossa Seguros and Fidelidade Seguros.
In addition to exposing and clarifying the services provided, users of the fair, with the aim of contributing to the effective management of the family budget and providing an understanding of the national economy, are also opening accounts, renewing the multicaixa card, paying of taxes, treatment of taxpayer card and other requests.
The opening ceremony of the Global Money Week and the Financial Fair was followed by a lecture on the theme “Expense plans and financial management”.
The Global Money Week, whose first edition was held in 2012, in a partnership between the BNA and the Global Money Week, is a Dutch worldwide initiative, marked by recreational activities, lectures and others in order to teach children to conserve and to save the money.
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