Diokno: BSP-DepEd partnership to boost Pinoys’ financial literacy

BSP Governor Benjamin E. Diokno (center), DepEd Undersecretary Annalyn M. Sevilla (left), and NEDA Undersecretary Rosemarie G. Edillon (right) take a group photo with over 1,000 participants at the 2nd Financial Education Stakeholders Expo on November 25, 2019 at the SMX Convention Center Manila. BSP

The partnership forged between the Bangko Sentral ng Pilipinas and the Department of Education to embed financial education in the country’s educational system will have a positive impact on the financial behavior of Filipinos, the central bank said Friday.

BSP Governor Benjamin Diokno said that the tie-up aims to “equip Filipinos with the ability to understand, select and prudently use financial services to achieve financial health.”

Earlier this week, Education Undersecretary Annalyn Sevilla presented the DepEd Financial Education Integration Policy and Roadmap during the 2nd Financial Education Stakeholders Expo held in Pasay City.

This shall provide the guidelines for integrating financial concepts in the K to 12 curriculum.

Around 800,000 personnel in the education sector and 29 million learners are seen to benefit from the implementation of this initiative which will help them make wise financial decisions.

Sevilla emphasized that the inclusion of financial education in the curriculum is a “long-term investment” for future generations of human capital. —Dona Magsino/VDS, GMA News