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Advancing financial literacy towards rebuilding financial resilience post-pandemic

· Abdul Rasheed Ghaffour, Governor of the Bank Negara Malaysia (Malaysia)

Summary written by Dark Majestic in its own words · topics: financial stability

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· Abdul Rasheed Ghaffour · Bank Negara Malaysia WikiAdvancing financial literacy towards rebuilding financial resilience post-pandemic

ContextKeynote address by Abdul Rasheed Ghaffour, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the National Financial Literacy Symposium (NFLS) 2022, Kuala Lumpur, 11 October 2022.

Why it mattersThe governor links money skills to recovery after Covid.

Problems raised
  1. The pandemic hurt financial resilience.
  2. Financial literacy is low.
  3. Scams target customers.
Solutions proposed
  1. Advance financial literacy.
  2. Research effective delivery.
  3. Step up security against scams.
Read full speech on bis.org ↗

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