2017 Montenegro Global Money Week

Leading Organizations:
Central bank of Montenegro
Participating Organizations:
Elementary, high schools, kindergardens all over the country
Resource Center for hearing and speech in Kotor
Money museum – Cetinje
Media, TV stations: RTCG, TV Vijesti, Atlas TV, PRVA TV i PINK M and Radio of Montenegro.
Number of children reached directly: 600
Number of children reached Indirectly: 20 000

Montenegro celebrated the Global Money Week for the fifth time with numerous activities aimed at raising the levels of financial literacy in the country. On 27 March, the GMW started with a traditional Open Day at the Central Bank of Montenegro. Following a welcome note from the Governor of the Central Bank of Montenegro, the specialist from the Bank Supervision and Vault gave a 45-minute introduction each about financial products and actual economic and financial challenges as well as a presentation on counterfeit money. Each speaker also gave enough time for discussion on different themes related to financial issues, explaining the mission of the Central Bank, the financial system, currency and personal finance. At the end of the Open Day, each student received special gifts as a courtesy of the Central Bank of Montenegro including traditional GMW t-shirts that were also given to other participants during the events of the Week.

Each day of the Week was devoted to a different target audience. On the second day, elementary school children had an opportunity to visit the Central Bank of Montenegro and listen to a presentation on “Introduction to the world of money”. On the third day of celebration, most of the activities took place in the Money Museum in Cetinje. High school and elementary school students from Cetinje attended the presentation on the history of money and took a tour of the museum.

On the fourth day, two different teams from Central Bank visited different areas of the country – the coastal area and northern part of Montenegro providing students from different towns with an opportunity to enjoy presentations and workshops. At the same time, the other team of the Central Bank visited elementary schools in the northern part of the country - Niksic and Danilovgrad. The representatives of the Central Bank gave the workshop ‘’Introduction to the world of money’’ and held discussions on the importance of earning and saving money.

Further, the activities during the Global Money Week also included children from kindergartens. The representatives of the Central Bank also visited kindergartens. They played with children different games related to budget, imaginary banknotes and coins.

Global Money Week events and celebrations were extensively covered by major national press channels, media and TV. A lot of the media were also active participants in the celebrations, so they made interesting and comprehensive TV reports that were broadcasted during the week on different TV stations. In addition, in cooperation with the National Radio Television of Montenegro, the Central Bank representative had several interviews in the morning programme explaining the importance of financial education for children and youth.


2016 Montenegro Global Money Week

Leading Organizations:
Central Bank of Montenegro
Participating Organizations:
Elementary School ‘’Vuk Karadžić’’ Berane
Elementary School ‘’Marko Miljanov’’ Bijelo Polje
Elementary school ‘’Stefan Mitrov Ljubiša’’ Budva
Elementary School ‘’Blažo Jokov Orlandić’’ Bar
High school ‘’Sergije Stanić’’ Podgorica
Public preschool ‘’Đina Vrbica’’ Podgorica
Day Center for children with disabilities in Nikšić
Economic School ‘’Mirko Vešović’’ Podgorica
High school ‘’Panto Mališić’’ Berane
High school ‘’Miloje Dobrašinović’’ Bijelo Polje
High school ‘’Miloje Dobrašinović’’ Bijelo Polje
High school ‘’Danilo Kiš’’ Budva
Economic school ‘’Mirko Vešović’’ Podgorica
Date of the event:
14th - 20th of March
Total number of children & youth engaged: 11 000
Total indirect reach: 60 000

Montenegro celebrated Global Money Week for the fourth time with numerous activities aimed at raising the levels of financial literacy in the country. On 14 March, GMW began with a traditional “Open Day” at the Central Bank of Montenegro. Following a welcome note given by the Governor of the Central Bank of Montenegro, the Specialist from Financial Stability, Payment Systems and Treasury office gave a 45 minute intro each about their current positions and about actual economic and financial challenges. Each speaker also allotted time for questions and doubts from the students regarding different themes related to financial issues, explaining the mission of the Central Bank, inflation, payment systems, the financial system, currency and personal finance. At the end of the Open Day, each student was given special gifts courtesy of Central bank of Montenegro, including GMW t-shirts.

On 15 March, GMW in Montenegro was devoted to the youngest participants. Pre-school children had the opportunity to enjoy talks and presentations focused on the overall theme of GMW - saving. Children played various budget games, had fun with imaginary banknotes and coins, made drawings and acted like they were in the bank. All of the children participated in a quiz that included assembling puzzles of euro banknotes and first winners, followed by the others, were given piggy banks for savings as awards.

On 16 March, economic high school students attended a presentation on banking products and services. Students and their teachers highly appreciated the opportunity that extended to them and expressed the hope that such activities become more frequent events and with a larger outreach in the future.

On 17 March, four different teams traveled to two different sides of the country – to the north and to the south - and the children from different towns in Montenegro had the opportunity to enjoy presentations and workshops. For young children, representatives of the Central Bank prepared the workshop ‘’Introduction to the world of money’’ and a workshop about identifying counterfeit money was prepared for high school students. The younger participants received piggy banks and the older students received brochures about identifying counterfeit money and about central banking theory and practice.

On 18 March, GMW activities also included children with disabilities. Central Bank representatives visited the Daily Center for the children with disabilities, expanding their cultural and financial horizons, with a special focus being placed on savings. Every child was given a piggy bank for saving.

Global Money Week events and celebrations were extensively covered in major national press, media, television and radio stations. Several media outlets were also active participants in the celebrations, making interesting and comprehensive TV reports that were broadcasted during the Week on different TV and radio stations. Above that, in cooperation with the National Radio Television of Montenegro, the Central Bank developed a program that was broadcasted every morning during GMW for approximately five minutes. This fun and educational program included preschool aged children who responded to questions related to money and savings.


2015 Montenegro Global Money Week

Participants:
Central Bank of Montenegro
Date of event:
9th - 16th of March
Number of children reached:
500

During the Global Money Week 2015, the Central Bank of Montenegro conducted various activities for youth across the country. CBCG’s representatives visited primary and high schools all over the country and interacted with more than 500 children and youth. Central Bank of Montenegro also used radio talk shows, television programs, and newspapers to promote GMW values. This helped raise public awareness about the importance of financial education in the country.

On March 9th, the students of Secondary School of Economics visited the Central Bank of Montenegro where the Governor welcomed them. They attended lectures on central banking and identifying counterfeit money. During other days of the Global Money Week, children deprived of parental care visited the Central Bank of Montenegro’s Money Museum in Cetinje where they attended a workshop titled “Welcome to the world of money”. They were also taken on a tour of the museum. On March 11th, representatives of the Central Bank organized an educational workshop on “How to identify counterfeit money” for the high school students.

In order to empower the vulnerable and marginalized group, representatives of the Central Bank of Montenegro organized a workshop for Roma children titled “Welcome to the world of money” on March 12th. The objective of the workshop was to increase awareness about their social and economic rights. Other events included workshops for lower-grade students at primary schools, as well as at the Resource Center for Hearing and Speech in Kotor.

Events covered all regions of Montenegro which included the capital Podgorica and the Cetinje, Žabljak, Šavnik, Plav, Gusinje, Kotor, Sutomore and Ulcinj regions.

 

2014 Montenegro Global Money Week

Participants:
Central Bank of Montenegro
Date of the event:
11th, 13th, 14th, and 17th of March
Number of children reached:
200

Central Bank of Montenegro (CBM) opened its doors to children during March to promote financial education. Children and youth from primary and secondary schools had the opportunity to attend lectures and workshops on financial topics. They were excited to celebrate Global Money Week 2014 with more than 1 million children all over the world. CBM used radio, TV and newspapers as platforms to promote the following activities and raise awareness about financial inclusion.

An educational event was held for students at the Central Bank of Montenegro and was opened with a speech by the Executive Director of the CBM. The work day continued with a presentation by representatives of the CBM on the history of money, history of banking in Montenegro, the organizational structure of the CBM and its main goals. High school students had the chance to discuss financial education and other financial topics. The students were so pleased with the presentations that they asked the CBM representatives to make more presentations on financial topics in their school.

On the 13th March high school students visited Money Museum of the Central Bank of Montenegro in Cetinje. They had the opportunity to see the exhibition `From Perper to Euro` and they enjoyed lectures on financial educational and historical topics. They also enjoyed minting money on an old machine on which the first Montenegrin currency, Perper, was minted.

The next day disabled children and their parents had the opportunity to enjoy interactive lessons and learn interesting facts about money. The workshop put emphasis on the importance of starting financial education at an early age and savings behavior. They were very excited to learn new facts about CBM, money and saving through the games and quizzes. They also learned interesting facts like where the first coins came from, what they looked like, where the first banknote was made, which material they were made of etc.

After the presentation, children `made their own money`, which CBM experts then organized into an exhibition of displaying their works. Children were dressed in Global Money Week T-shirts and were each given a saving box.

On the last day of Global Money children with disabilities visited the Money Museum of the Central Bank of Montenegro in Cetinje. They enjoyed the exhibition `From Perper to Euro` and learning about finance. At the end of the visit, they each got a souvenir Perper (the first Montenegrin currency).

 

2013 Montenegro Global Money Week

Name of organizing entity - Central Bank of Montenegro and Montenegro Securities and Exchange Commission
Date of the event - 15th – 21st of March

Children and youth from primary and secondary schools had the opportunity to attend lectures and workshops on financial topics in the main building of the Central Bank of Montenegro during Global Money Week. A workshop dedicated to the topic of ’’My budget and Me’’ aimed to teach children how to manage and save their money.

This was organized by the employees of the Money Museum. Every student also had the opportunity to see the exhibition “From Perper to Euro’’. They were accompanied by the specialist of Money Museum of the Central Bank of Montenegro.

Global Money Week celebrations continued with financial experts visiting schools and talking about saving money, payment system, counterfeit, and history of money, central banking and many more financial educational topics.