Macedonia part of the Financial Education Project

On Friday, September 28, Macedonia took part in the launching of the 5-year project for financial education in seven constituency countries: Macedonia, Bulgaria, Croatia, Georgia, Moldova, Montenegro and Romania. This project aims to provide technical assistance to design and implement effective financial education initiatives in participating countries. Macedonia was represented by the National Bank of the Republic Macedonia (NBRM), the Ministry of Finance, Securities and Exchange Commission and Insurance Supervision Agency. The Dutch Treasurer General Christiaan Rebergen opened the meeting.

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International example

The project is a joint initiative of the Constituency Programme of the Dutch Ministry of Finance and the Money Wise Platform which is an active member of the OECD's International Network on Financial Education (INFE) and works closely with the OECD for the project.

The Dutch approach to financial education consists of cooperation between government, financial sector and social organizations, in a platform with a joint approach and a joint brand. Internationally, this approach is seen as an example. Money Wise Platform will now also use its knowledge and expertise in the constituency countries, including Macedonia.

Supporting Reforms

Support for financial education is part of the Constituency Program of the Dutch Ministry of Finance. This is a special program for the countries that the Netherlands represents at the IMF, the World Bank and the European Bank for Reconstruction and Development (EBRD). The aim is to provide constituency countries with technical support so that they can improve their financial infrastructure and reform their economies and the public administration.