Capital market content to be integrated into proposed financial literacy curriculum

A seminar on ‘Financial Literacy’ was held recently at the Education Ministry, providing a platform for the stakeholders involved in the ongoing education sector reforms to contribute to the integration of financial literacy into the school curriculum.

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The initiative was spearheaded by Labour Minister and Economic Development Deputy Minister Prof. Anil Jayantha Fernando and conducted by Securities and Exchange Commission of Sri Lanka (SEC) Chairman Senior Professor Hareendra Dissabandara. The event was held under the patronage of Prime Minister and Education, Higher Education and Vocational Education Minister Dr. Harini Amarasuriya.

Education, Higher Education and Vocational Education Ministry Secretary Nalaka Kaluwewa announced that financial literacy and entrepreneurship will be introduced as a compulsory subject carrying one credit from Grades 6 to 9 and would be offered as an optional subject at the GCE Ordinary Level, assessed at national level.

Citing the World Economic Forum’s report ‘New Vision for Education’, Senior Professor Dissabandara noted that financial literacy is one of the 16 core skills essential for students in the 21st century.