Equipping 1.6 million young people with financial literacy skills

A group of inquisitive teenagers gathered together in the auditorium of the National Institute of Banking and Finance. The purpose? To see if the interactive workbooks compiled by the team at Knowledge Platform would be well received by its target audience.

Having reached the end of the offline content development phase in December, Knowledge platform, along with our consortium partners Icarus have been conducting mock training sessions with groups of students across all three intervention groups.

The National Financial Literacy Program for Youth (NFLP-Y), implemented by the National Institute of Banking and Finance (NIBAF), serves as a core component of the State Bank of Pakistan’s ambitious 5-year National Financial Inclusion Strategy (NFIS). The NFIS has been created as a ‘strategy for building a dynamic and inclusive financial sector to support Pakistan’s growth in the 21st century’, and as such maintains focus on the youth bulge at the bottom of the demographic pyramid.

NFLP-Y is targeting their content towards three age segments. These are; Children (aged 9-12), Adolescents (aged 13-17) and Youth (aged 18-28). Knowledge Platform, as an implementing partner of NFLP-Y have been tasked with creating all the content – online, offline and training material – for this intervention that will help provide financial literacy skills to 1.6 million Pakistani students in the next 2 years!