Prishtina 29.09.2020
Disclosure of Textbooks and signing of the Memorandum of Understanding with MES
Dear Minister Likaj,
Dear Mrs. Hoxha,
Dear Media,
Distinguished guests,
The Central Bank of the Republic of Kosovo is committed to working to promote and maintain
financial stability in the country. The financial sector is one of the main contributors to Kosovo's
economy. The advancement of financial markets, globalization and technological progress, have
influenced consumers to face a variety of complex financial instruments which are offered in the
financial market today.
The Central Bank of the Republic of Kosovo through its Financial Education Program aims to
increase financial knowledge to the public and contribute to the expansion and distribution of
information on economic and financial issues, including cooperation with relevant institutions, in
order to have a more widespread distribution of knowledge.
is a field for which the Central Bank of the Republic of Kosovo works and
Financial Education
is committed to advancing it for many years now. CBK considers that by advancing and investing
in the field of financial education, it directly contributes that the citizens of Kosovo have
knowledge in making the right decisions with their financial means. The more informed and
financially educated the citizens are, the more capable they will be in increasing their economic
and financial well-being as well as in the proper use and utilization of the financial system.
The objective of the Financial Education Program of CBK is that educational materials and
activities target all age groups and citizens of Kosovo, however, the primary focus has students of
all levels of education in Kosovo. Creating adequate financial management skills is compared to
creating essential life skills. Consequently, the institutionalization of financial education in schools
is a very important step and the CBK has been trying for many years to realize it. We believe that
only in this way will we be able to ensure stability, continuity and success in installing a genuine
financial culture.
The Central Bank of the Republic of Kosovo, in cooperation with the Ministry of Education and
Science, financially supported by the Fund for Southeast Europe, EFSE (Finance in Motion Office
in Kosovo), has managed to prepare a collection of 5 Books. The purpose of preparing the Book
collection is to contribute in informing and educating primary school students with basic financial
concepts which they will follow throughout their lives and will influence in the building of a
financial culture from an early age.
The books have been prepared by relevant experts in the field, researchers, sociologists, lyricists
and illustrators, in accordance with the Core Curriculum for Kosovo Primary Education. The Book
Collection consists of five books with stories for children aged 6-10, respectively for students of
grades I - V, of primary education. The focus of the Books is financial education through which
children will have the opportunity to learn about basic financial topics, studied and selected for the
respective ages, always based on the standards recommended by the Organization for Economic
Cooperation and Development (OECD). In addition to the written form, the books have been
prepared with audio so that they are suitable for blind or visually impaired children. Also in order
to include all students, the books are in the process of preparation in Serbian and Turkish language.
The books will be distributed in physical form in the primary schools of all municipalities of
Kosovo, in electronic form through the communication channels of the CBK and with the
Association / School of the Blind of Kosovo.
is the most sustainable way
Inclusion of financial education into the formal school curriculum
to ensure that financial knowledge and skills are properly developed starting from early education.
Financial education is already part of the curriculum of most countries in the region, European
countries and the world.
Students of Kosovo as well as students from all other countries of the world are already part of the
assessments carried out by the Organization for Economic Cooperation and Development
(OECD), within PISA, where as a separate chapter is the assessment of knowledge in the field of
financial education
Dear participants, almost all initiatives and implementation of CBK activities with students of all
levels and university students would be impossible without the support of the MES. The
cooperation of the CBK with the Ministry of Education and Science in the field of Financial
Education has been going on for years, and today, thanks to the commitment and support of
Minister Likaj, the signing of the Memorandum of
Cooperation, establishes the basis for starting
Our two institutions will work closely to decide
the inclusion of this field in school curricula.
on an adequate way to include this field. Details about the volume and level of inclusion remain
to be viewed and implemented in continuation between our two institutions.
A very important cooperation for Financial Education is our cooperation with the Fund for
Southeast Europe (Finance in Motion-EFSE), Kosovo Office. EFSE has supported the CBK in
building the Financial Education Program, in establishing the Financial Education Center, and
continues to support us in implementing these projects. The Book Collection project became
possible thanks to the financial support and commitment of EFSE.
The next step will be the deepening of even wider inter-institutional cooperation in the preparation
of textbooks for secondary and higher level as well as the Preparation of the National
Strategy for Financial Education.
Dear media, allow me, on my own behalf but also on behalf of the Central Bank of the Republic
of Kosovo, to thank you for following the activities and events that the CBK organizes every
year and that has never lacked your support and presence. This is especially important in
conveying informational and educational messages to the Kosovar public.