The Strategy
The National Strategy for Financial Literacy and Education is a comprehensive national initiative that seeks to raise awareness about the importance of financial literacy, equip individuals — starting from a young age — with core financial skills and habits, promote responsible planning for insurance and retirement, and improve understanding of digital financial products and related risks.
These objectives contribute to its vision: empowering people with the knowledge and skills required to enhance their long-term financial well-being.
What is the Vision?
Empower citizens in Cyprus with the knowledge and skills required to enhance their financial well-being.
What is the Mission?
The promotion of financial literacy and education among citizens in order to contribute to the efficient management of their financial resources and, consequently, to the enhancement of their financial well-being.
Which are the Strategic Objectives?
Raise citizens’ awareness
on the importance of financial literacy and education
Empower individuals
starting from the young, with core financial skills and habits in order to be able to efficiently manage their personal or family finances
Raise awareness and enhance skills
on the need for adequate financial planning for insurance and retirement
Raise awareness and increase knowledge
regarding the use and associated hazards of digital financial products and services
How?
1
Formal education
2
Lifelong learining
3
Access to information
For Whom?
The whole population, with emphasis on:
The young
& other vulnerable groups
