Lahore Stock Exchange Managing Director Aftab Ahmad Chaudhry has stressed the need for better financial education and access to critical resources in order to make smarter decisions. He was addressing a function in connection with Financial Literacy Programme (first nation-wide campus outreach programme of its kind), here on Wednesday.
He said the primary goal of financial literacy programme was to provide the young investors with skills to learn, save and invest the money in appropriate manner. "Since Pakistan is characterised by having very low rates of savings and investments, low penetration of financial products and services, thus a campaign for the financial literacy is deemed as the need of the hour," he added.
The young people are often confronted with complicated financial decisions in today's demanding financial environment and financial mistakes early in life could have opportunity costs, he added. He further said that LSE might consider the suggestion of "training of trainers/faculty members" of educational institutions so as to improve the methods of teaching to remove the gap between the theory and practical implementation in real life.
Comments
Comments are closed for this article.