Roll-out financial literacy prog in schools

 DEPUTY Governor of Bank PNG (BPNG) Benny Popoitai have said that the central bank plans to partner the education department to roll out financial literacy programmes in schools as part of the normal curriculum just like English,  Mathematics and Science (The National, May 28).

We have heard and read similar statements from many people, including former Treasurer Don Polye and the governor of BPNG over the last one and a half years. 

This is a laudable aim that should be supported by all who have the future well-being of our people and country at heart. 

We should no longer be talking about planning to introduce it; we should have already done that some time back. 

There has been much talk, but no action. 

This is why I have my reservations about its introduction. 

To me, the education department seems to be an unwilling partner. 

Even the proposed MOU drafted by BPNG one and a half years ago for the education department’s comments has not elicited any response. 

The advantages of having a financially literate population are overwhelming. 

Our children’s financial futures depend on it.

John Eki Vaki

Hohola