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Update of National Strategy for Financial Literacy Development until 2030

Update of National Strategy for Financial Literacy Development until 2030

Public institutions involved in the implementation of the National Strategy for Financial Literacy Development until 2030 (the "Strategy") have approved amendments to the roadmap and its implementation.

The Strategy was updated with participation of the National Bank of Ukraine, the Ministry of Education and Science of Ukraine, the Deposit Guarantee Fund, the National Securities and Stock Market Commission, the Ministry of Economic Development, Trade and Agriculture of Ukraine, the Ministry of Digital Transformation of Ukraine, and the State Institution Entrepreneurship and Export Promotion Office.

The updated Strategy takes account of current challenges, educational needs of target groups, the experience of implementing educational initiatives, and successful international practices. This will contribute to more effective attainment of strategic goals to raise financial literacy of the public in Ukraine.

"The development of financial education and raising financial literacy of the public is a foundation for the financial resilience of a state. We have already achieved progress in implementing the Strategy precisely thanks to effective interagency cooperation and a systemic approach. But our work continues – there are still many tasks ahead to make financial education a part of the everyday life of every Ukrainian," noted Andriy Pyshnyy, Governor of the National Bank of Ukraine.

What has been updated?

The main changes in the updated Strategy concern the revision of the deadlines for the implementation of measures, as well as updating the scope of work and the list of responsible institutions.

The revision of the deadlines for almost a third of the Strategy’s measures was due to several factors. First, the realization of the risk of insufficient resources following the results of the first year of the Strategy’s implementation. This risk was driven by a decrease in funding for educational initiatives due to donors shifting their priorities and/or redirecting funds to more important areas, in particular toward strengthening the country’s defense capabilities.

Second, given the results of 2024, which was the first year of practical implementation of the Strategy, it was decided to expand the range of tasks for a number of measures. This will allow achieving better results by creating effectively targeted educational products and covering a larger part of the public, including entrepreneurs, with financial literacy activities.

The list of measures contributing to the achievement of Strategic Goal 1 High-Quality Basic Financial Education has undergone the most changes. Today, this strategic goal has the highest priority and contains the largest number of measures compared to other strategic goals. In particular, two new measures have been added related to organizing competitions among schoolchildren to motivate them to be financially aware. These are the national selection of the European Money Quiz (the largest financial literacy competition in Europe for children aged 13–15) and the business ideas competition among 9th grade students in the course Entrepreneurship and Financial Literacy.

For reference:

Development and revision of the Strategy are carried out by the interagency working group. The Strategy was approved and started to be implemented in 2024. The Strategy’s measures are aimed at the needs to raise financial literacy of four target groups (children and youth, educators, broad segments of the adult population, and budding entrepreneurs and small businesses).

The Strategy contributes to the formation of a systemic approach to raising the public’s financial literacy in Ukraine, which is in line with the Recommendations of the OECD Council on Financial Literacy and the methodological guidelines of the International Network on Financial Education.

According to the OECD, as of the end of 2024, more than 80 countries had high-level strategic documents aimed at raising financial literacy of the public.

The updated Strategy was approved by regulations of its developer institutions, including by NBU Board Decision No. 350 dated 28 September 2025.

According to the results of the first year of the Strategy implementation, more than half of the measures under the Strategy roadmap – 53%, or 42 out of 80 measures – were being implemented; 6%, or 5 measures, were successfully completed; and the implementation of the remaining 41%, or 33 measures, is planned for the coming years (the detailed reports is available here).

 

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