Koba Gvenetadze discussed history of money and personal money management with the students of Tbilisi Public School N23

Koba Gvenetadze discussed history of money and personal money management with the students of Tbilisi Public School N23

06 June, 2018

Within the frames of the National Strategy for Financial Education, the National Bank of Georgia developed educational brochures for the youth. As part of the awareness-raising campaign around youth financial education, employees of NBG visited those public schools where they used to study, or where their children are studying currently. Today, Koba Gvenetadze, Governor of NBG, visited Tbilisi Public School N23, where he used to study, and presented the brochures about history of money and personal money management to the students. 

Within the scope of the "Year of Financial Education" and with the support from the Development Facility of the European Fund for Southeast Europe (EFSE DF), NBG developed two educational brochures for the youth: "Traveling through the World of Money" and "Financial Education Manual". The brochures mainly target V-VII grade students; however, they are interesting and informative for the youth of all ages. 

"Children and youth constitute one of the key strategic target groups within the context of the National Strategy for Financial Education, and developing educational brochures for them is one more important step taken in the direction of youth financial education. Financial education aims at teaching how to manage money wisely in order to save, achieve financial goals, and avoid financial pitfalls. Engaging as many people as possible - including youth - in the discussions about personal finance is one of the key objectives of NBG. I am happy to have an opportunity to discuss money management and financial literacy at the school where I used to study.

As you know, the year of 2018 was announced as the "Year of Financial Education", which means that we are going to host numerous events in order to reach as many target groups as possible, and to promote budgeting, personal finance management, saving, and other key aspects of financial literacy.  We recently launched a localized version of "Financial Football", an interactive online game that engages students and adults; throughout the year, we will organize many more educational initiatives" - said Koba Gvenetadze, Governor of the National Bank of Georgia. 

The brochure "Traveling through the World of Money" discusses history, forms, significance, and functions of money. This brochure also provides information about upgraded Georgian banknotes and their security features. In addition, the brochure describes foreign currencies and distinguished banknotes. 

The brochure "Financial Education Manual" teaches key concepts of budgeting, smart spending, saving, and borrowing to young readers. The brochure also offers a simplified financial dictionary, interactive exercises, a personal budget template and simple and practical advice, which will help young readers manage own finances and develop useful skills.  

The National Bank of Georgia, in cooperation with the Ministry of Education and Science of Georgia, is planning to distribute the brochures in schools. In addition, the brochures are available for free for all audiences on NBG's website: