Africa-Press – Mauritius. The Minister of Financial Services and Good Governance, Mr Mahen Kumar Seeruttun, attended a Financial Literacy Week in Rodrigues. This event, held from 16 to 20 August 2022, was organised by the Financial Services Fund which operates under the aegis of the Financial Services Commission, Mauritius (FSC).
The Chief Executive of the FSC, Mr Dhanesswurnath Thakoor, the Deputy Chief Commissioner of Rodrigues, Mr Franceau Aubret Grandcourt, and other personalities also attended the event.
The aim of the Financial Literacy Week was to raise awareness on FinTech, crypto assets and alternative mode of financing, to instil a culture of savings and investment to the population, as well as to disseminate information about financial services and products, including insurance, pension plans, investment funds, and financial leasing among others.
The targeted groups comprised school leavers; fresh university graduates; representatives of Small and Medium Enterprises and cooperatives; civil servants; representatives of the civil society; and financial actors in Rodrigues.
Speaking at the launching ceremony of the Awareness Session on FinTech, Crypto Assets and Alternative Mode of Financing on 17 August 2022, Minister Seeruttun highlighted that Mauritius, at the global level, has always demonstrated a strong commitment to adhere to best practices and international standards as far as FinTech is concerned.
He pointed out that our country, which aims at positioning itself as a FinTech platform for Africa, is in line with the latest developments in the field of Fintech and has the ambition to be a pioneer in enabling financial innovations through the application of new technologies.
Minister Seeruttun underlined that this awareness campaign will not only foster a culture of savings and investment, but also a way of life and an increased sense of financial responsibility among the Rodriguan population.
Financial education, he emphasised, is a key element to stimulate this culture of savings among the population and this is why a number of initiatives have been launched by the FSF in order to ensure the economic prosperity of the population of the Republic of Mauritius.
Some of the main initiatives, he observed, include: an information and education campaign on the financial services aiming at raising awareness among consumers, entrepreneurs, investors, employees, students and retirees on the need to adopt the right reflexes when taking financial decisions; a competition entitled ‘Financial Literacy & Young Talent Competition’ for students; a creative art competition where participants were encouraged produce video clips to demonstrate their understanding of the adoption of the right reflexes when taking financial decisions; and a mobile application game contest, among others.
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