‘Financial literacy can help reduce poverty’ | 2018-03-14 | daily-sun.com

‘Financial literacy can help reduce poverty’

Staff Correspondent     13th March, 2018 11:18:22 printer

Financial literacy among young generation may reduce the poverty and income inequality, said a top official of the central bank.

Bangladesh Bank Advisor Shitangshu Kumar Sur Chowdhury made the remark while addressing a function styled ‘Global Money Week’ in the city on Tuesday.

In association with Bangladesh Bank, privately-run Daffodil International University organised the week long programme which is being celebrated with tagline ‘Money Matters Matter’ across 137 countries in the world.

Sur Chowdhury said that the poverty and inequality problem is pervasive in the country and there is alternative to increase saving mentality to overcome the problem. Bangladesh Bank and other financial institutes are doing good job regarding this issue as school banking and mobile banking have made revolution.

“Recently there have been school banking account. It’s really wondrous! Many countries follow our mobile banking system, said Chowdhury. He pointed out that the world economic system has gone under the system of digital currency and urged the students to make their career plan as per the changes of the world.

First Security Islami Bank Managing Director Syed Waseque Mohammad Ali and British Council Director Sebastian Pearce were, among others, on the occasion while Daffodil Group Chairman Sabur Khan presided over the programme.