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Politics

Vera Daves wants financial education within the reach of the entire population

The Minister of Finance attended the opening ceremony of the 8th Edition of the Global Investor Week (WIW), which is being held under the theme “Sustainable Finance, Cryptoassets and Digital Finance”. During her speech, the minister drew attention to financial education, which she considered a fundamental pillar for the sustainable development and well-being of any society.

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“Without the democratization of knowledge, it is difficult to ensure that the role of bridge is exercised to its fullest, because only by having access to the best information can we be fully aware of the available options and make informed decisions,” stated Vera Daves, quoted by the Ministry of Finance.

When speaking, the minister highlighted that the promotion of financial education strengthens confidence in the market, reducing the possibility of fraud or bad decisions in the future, in addition to empowering new investors. She also stated that training in this area promotes economic independence, while also consolidating communities and reducing inequalities, opening the doors to opportunities for growth and innovation.

The minister also referred to the Financial Inclusion Strategy, which has been promoted by the Government, which in her view could include more and more citizens in the financial system, ensuring access to credit, insurance and other products.

"In a young and constantly evolving continent like ours, where the needs and challenges are so diverse, it is vital that governments, financial institutions, educators, Non-Governmental Organizations and every citizen join forces to ensure that financial education reaches all segments of the population", she stated.

For the minister, understanding basic financial concepts, access to tools and technologies that simplify financial management, and promoting a culture of savings and investment are essential steps towards creating a more prosperous future.

Vera Daves highlighted that, for the third time, the Capital Markets Commission has been invited to coordinate the activities of the SMI, at the level of the African continent, which shows a clear sign of confidence in the work that Angola has been developing.

The World Investor Week is an event held simultaneously in more than 60 countries that aims to reinforce the importance of international cooperation in promoting a culture of responsible and conscious investment, explains Minfin.

This year's edition will be held in a hybrid format, with activities taking place at the BAI Academy, the Angolan Media Library Network (ReMA), Agostinho Neto University, the Catholic University of Angola, the Tocoísta Polytechnic Institute and the José Eduardo dos Santos University of Huambo, covering some provinces of the country. It will run until next Sunday, the 13th.

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