ContextAddress by Ignazio Visco, Governor of the Bank of Italy, at the 99th World Savings Day, organised by the Association of Italian Foundations and Savings Banks (ACRI), Rome, 31 October 2023.
Why it mattersVisco promotes financial education as an investment in human capital.
Problems raised
Savings are key for a country's development but must be well invested.
Many people lack financial skills.
Financial innovation and digitalisation create new risks.
Solutions proposed
Promote financial education as an investment in human capital.
