FINLIT Nepal has bagged the Economic Citizenship Award 2018
KAROBAR CORRESPONDENT
Friday, Jul 06, 2018
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FINLIT Nepal has bagged the Economic Citizenship Award 2018. The award recognizes institutions, who have a direct and immediate effect of financial education and entrepreneurship education’s on improving the people’s economic and financial life, helping people to realize their full financial potential.
The methodology of educating people, Impact of programme and partnership model between banking and financial institution presented by FINLIT Nepal was praised at the Global Inclusion Awards Ceremony, which was held in Riyadh of Saudi Arabia on Tuesday.
Prakash Koirala, Managing Director of FINLIT Nepal took the award certificate and Trophy. Receiving the award, he also appreciated for the wonderful recognition. “This award demonstrates the significance attached to the promotion of financial awareness among children and the youth and more importantly the necessity of pooling efforts of all banking and financial institutions to achieve this goal," Koirala said adding that it is an auspicious moment, as Central Bank of Nepal and Nepal Government has initiated different kind of financial literacy initiative to eradicate financial illiteracy from Nepal and FINLIT Nepal is driven by that vision to achieve that mission. "FINLIT Nepal’s programme provides Nepalis with access to financial literacy tools and tips, which enhance their awareness of economic rights, and empower them to build their assets, invest in their future, and ultimately break the cycle of poverty.”
FINLIT Nepal, also thanked Nepal Rastra Bank (NRB), Ministry of Finance, Ministry of Education, Nepal Bankers Association (NBA), Rural Micro Finance Development Center, Nepal Microfinance Association, NEFUSCUN, Society of Economic Journalist of Nepal, Sakchyam: Access to Finance, Digital Payment Service Provider of Nepal for their assistance and cooperation in implementing this project.
The Global Inclusion Awards 2018, a CYFI initiative, recognize and honour those, who achieve greatness in furthering the Economic Citizenship of children and youth at the national, regional and international level. The Awardees demonstrate innovation in financial, social and livelihoods education, financial inclusion, and entrepreneurial support for children and youth.
The 7th annual Global Inclusion Awards Ceremony was organized by Child & Youth Finance International, the Argentina’s G20 Presidency and Global Partnership for Financial Inclusion on Tuesday, with the support of the G20-2020 Saudi Secretariat. It was held as part of the GPFI Forum 'Technological Trends in Digital Financial Inclusion' agenda at the Ritz-Carlton in Riyadh of Saudi Arabia on Tuesday and Wednesday.