The Central Bank of Liberia has trained and certified 50 representatives from financial institutions, universities, youth and business groups, credit unions and other organizations to support phase two of its National Financial Education Campaign. The trainers are expected to extend education on budgeting, saving, insurance, digital financial services and scam prevention through their institutions and communities. The initiative builds on phase one, which reached more than 11,000 people. An endline assessment found that saving practices increased from 77% to 88%, investment practices from 68% to 86%, and financial goal setting from 55% to 79%. At the end of the September 16-18 training, participants presented plans to apply the material among their target audiences, supporting a cascade model intended to broaden access to practical financial information across Liberia.
Central Bank of Liberia certifies 50 financial education trainers for phase two national campaign
The Central Bank of Liberia has certified 50 trainers to expand financial education through institutions and communities during phase two of its national campaign. The initiative builds on phase one, which reached more than 11,000 people and recorded increases in saving, investment and financial goal setting.