NBM educates students on financial stability
Students of the "Aristotel" Republican Theoretical High School were given a challenge by the Governor of the National Bank of Moldova (NBM), Anca Dragu.
They participated in a monetary policy simulation workshop. The students had the chance to assume the roles of the NBM Executive Committee members and understand the mechanisms influencing the country's financial stability.
Alexandru Siviroveanu, in his role as rapporteur, discussed how inflation is influenced by the country's current situation and the external environment.
The annual inflation rate reached seven percent in December. In the first half of this year, the annual inflation rate is expected to exceed the upper limit of the inflation target range.”
"I learned that inflation is rising due to external factors, like the war in Ukraine or Donald Trump's time in office," said student Alexandru Siviroveanu.
After the exercise, some students from "Aristotel" High School expressed interest in joining the NBM team in the future.
"Before this meeting and exercise, I hadn't considered this idea, but when the possibility was mentioned, I wondered if it would be a good and motivating option," said student Diana Șaitan.
"I'm passionate about economics. I don't know what the future holds, but I'm tempted and aim to work at the National Bank in the future," mentioned student Marius Cușnir.
Economic and financial literacy is essential for the young generation, says Pavel Cerbușca, director of "Aristotel" High School. He believes economic education is not just an advantage, but a necessity in modern society.
"Moldova needs better training for young people in this field. Why? Because whatever profession they pursue, they'll need this knowledge and experience in entrepreneurship or economic education. I believe the National Bank's openness is welcome, allowing us to better prepare students for their lives," specified Cerbușca.
The event took place during the International Financial Education Week.
"In many other countries, events are held that aim precisely to increase the understanding of the financial field, to increase financial education. They came and worked with my colleagues and prepared absolutely impeccably. I liked them very much. The analysis was very good," said the NBM Governor, Anca Dragu.
The simulation workshop is in its second edition and is part of the NBM's commitment to support young people in acquiring financial knowledge, to prepare a generation aware of the impact of financial decisions and capable of facing the current economic challenges.
Translation by Iurie Tataru
