Zambia has joined the rest of the world in commemorating Financial Literacy Week, which runs from 21st March to 27th March under the theme “Plan Your Money, Plant Your Future,”.
Among many commemorating, World Vision Zambia expressed has expressed concern over the poor financial literacy amongst women and men in rural areas which is limiting inclusive growth, financial resilience, and gender equality outcomes.
World Vision Zambia has therefore called for gender-inclusive financial literacy training and interventions from all stakeholders so that women and men are sufficiently financially literate to participate effectively in economic activities.
It said, this will also help them take appropriate financial decisions to improve household resilience and child well-being in line with the 2019-2024 National Strategy on Financial Education for Zambia.World Vision Zambia, Technical Programme Manager for Enhanced Livelihood and Resilience Sam Tembo said the organisation will commemorate this year’s theme with an emphasis on providing both women and men access to the financial literacy knowledge and skills required to manage their money and save for the future.
“There is a need to promote holistic Women’s Economic Empowerment (WEE) outcomes if the country is going to quickly realize the national strategy on financial education for Zambia, which seeks to empower Zambians with knowledge, understanding, skills, motivation and confidence to help them to secure positive financial outcomes for themselves and their families. Currently, there is global evidence that when women are financial contributors to the household income, investments in children’s health and education also increase,” he said.
