In the intensive market every day, we at this point that a new financial instrument will need exploration, has developed a social need in order to improve the financial education of the people. Mongolia and the Ministry of Education and the Financial Supervisory Commission and the Ministry of Finance, the public financial enlightenment medium term associated with the adoption of a national program story B .Nasanbayartai strategic policy and education, the Planning Department of the Ministry of Culture and Science or did.
-Enekhüü Start by telling you about the program?
Council of the medium-term development of the awareness program of "public financial literacy," Financial Stability December 7, to 10, a joint resolution that was put at the beginning success of implementation at the national level of this program, 2015 year was sustained on 28 January 9. trends and not only the experience of the international global development program development, taking such a situation of detail to account, to define the priorities, objectives and action plans of the program, the population level. school-age program of financial literacy of, conducted a 4 priorities of financial literacy, youth financial literacy and rural financial literacy, web site, social media, and provides a lot of financial literacy. public trust, financial and not only the banking system, to improve the implementation of the long-term strong financial discipline that has been much improved in order to improve the Mongolian economic development of a sustainable growth national financial awareness programs, appropriate financial decision-making long-term accumulation of the increase and the financial investment of capacity and investment to carry out, will provide an important contribution. most importantly, the personal finance self-confidence is the management of. in order to establish a sink citizens, particular in school There is a course, create a "business research" reasonable financial decision-making and financial discipline.
Why financial education is important?
-Ikhenkh Teenage children will learn the ability to manage the money from my parents. Children, to repeat the same points of known and error out of their approach, please refer to the financial decision of their parents. Therefore, students are young children on the stage of the young people and financial knowledge, they are anyone can help that a way to deposit in the future money, it is possible to learn. And, financial capacity is not a savings, emphasized the consumption, public savings, not only increase the increase the debt reduction and personal productivity, reduce crime, poverty, the increase in the number of insured, to participate in the stock market increase the number of people, as such support, it can be seen a number of advantages that we strengthened the economy as a whole. However, reduction of exposure to various types of financial fraud.
Or undertake is, we carry out this program in many of the world at the international level?
-Sankhüügiin Total of 50 countries that basic knowledge is called here has implemented a national program to the public. The United Kingdom, the United States, South Korea, Russia, the United States, Spain, Australia, the Czech Republic, Australia, Brazil, Japan, has implemented a program such as. Important initiative of Mongolia Mongolian national program that parallel rows of these countries to provide universal basic financial knowledge, the Ministry of Education, have been developed in the Culture and Science, Financial Supervisory Commission is looking into it you.
- However, it gives the number years of financial knowledge to students. Location to send you want to start a good garden or in the senior class,?
Mongolia has a relatively young country. To learn from the good experience. On the other hand, and much more Mongolian State education system. It is possible to cover all of the children. So school starts. Age of children is a right to provide financial education on the basis of age. Cartoon is to be able to read children's programming, outside of class, in particular the concept is very simple to high speed.
Whether the planting from the Ministry of Education, did not take the job?
Civil and social, economic, in order to promote the long-term sustainable development, countries that provide the education of financial and business for young children is very important. : General education, was initiated as a "business research" education core curriculum financial make rational decision-making courses and strong to build a cumulative public financial discipline, to eliminate the gap citizens of financial education. This class, now, there is still the 10, 11, 12 class to enter the tenth grade to plan trial. Further studies program at the primary and secondary classes, we aim to make a financial literacy.
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