Malaysia’s PM Launches National Strategy for Financial Literacy (2019-2023)

Malaysia’s Prime Minister Dr. Mahathir bin Mohamad officially launched the country’s landmark National Strategy for Financial Literacy on 23 July, 2019, a five-year plan that aims to raise the country’s low levels of financial literacy. Speaking to a packed hall of financial experts, stakeholders and media, Dr. Mahathir reiterated the importance of the strategy, which will run until 2023, in promoting more understanding and responsible attitudes towards finance.

The strategy was developed by Bank Negara Malaysia (BNM), a member of the AFI network, along with five other financial institutions, including Securities Commission Malaysia (SC), and the Ministry of Education.