Libya flag2017 Libya Global Money Week

LEADING ORGANIZATIONS:

PARTICIOATING ORGANIZATIONS:

NUMBER OF CHILDREN REACHED DIRECTLY:

  • 50 000

NUMBER OF CHILDREN REACHED INDIRECTLY:

  • 35 000

The Global Money Week 2017 was organized by the Central Bank of Libya with the support of the Ministry of Education. Different NGOs and companies were involved in the celebration.

The aim of the Global Money Week 2017 in Libya was to help children and youth understand the financial and banking sector’s basic principles, to help youngsters manage their personal savings and invest wisely. Moreover, the overarching objective was to improve the rates of financial inclusion in the country to strengthen the financial, economic and social stability in the country. The organizing Committee planned to involve children and youth in schools, civic clubs, charitable institutions as well as kids with special needs, including orphans.

The participants were introduced to the concepts, such as budget, loan, credit and debit card, taxes, investment and stock market. They visited banks, the House of Representatives, the Central Bank of Libya, some companies, the Stock Market and the Supervisory Authorities. Some open forums were set up during the Week. During the forums, students were free to ask questions to experts. Moreover, kids visited some shops where they were encouraged to spend their money wisely.


2013 Libya Global Money Week

NAME OF THE ORGANIZING ENTITY:

  • Child Right Association

Children visited the Stock Exchange market and spoke with the Stock Exchange Director Mr. Najeeb Ubaidah who explained to them how the Stock Exchange market works.