By: Staff Writer
July 06, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has taken a major step toward promoting financial inclusion and public empowerment with the launch of a series of strategic initiatives under its Financial Literacy Roadmap. The move is part of its long-term vision to build a “Financially Literate Sri Lanka” by equipping citizens with essential knowledge and tools for making informed financial decisions.
Spearheaded by the Central Bank’s Regional Development Department under the National Financial Inclusion Strategy (NFIS), these new initiatives fall under the roadmap’s Content Development and Harmonisation Pillar. The primary aim is to unify and standardise financial education efforts across the country, replacing disjointed campaigns with a coordinated, impactful national strategy.
A central highlight of the launch is Sri Lanka’s first-ever comprehensive Financial Literacy Curriculum. This well-researched framework has been developed with inputs from Central Bank departments, academic experts, and external consultants. Covering six key areas—Economic and Financial Environment, Personal Finance, MSME Finance, Digital Literacy, Financial Consumer Protection, and Tax Literacy—the curriculum is expected to serve as a cornerstone for future public awareness and financial education programs.
Supported by the United Nations Development Programme (UNDP) and developed in collaboration with the University of Kelaniya, the curriculum aims to deliver accurate, relevant, and practical financial knowledge to Sri Lankans across all regions and demographics.
In a bid to make financial education more engaging and accessible, the Central Bank has also launched two educational video series, backed by the UNDP and the Japan International Cooperation Agency (JICA). These videos tackle real-world financial issues such as rising debt levels, lack of savings, and increasing fraud, using clear messaging to build public awareness and resilience.
To expand the reach and sustainability of its efforts, the Central Bank has rolled out a Certified Trainer in Financial Literacy (CTFL) program in partnership with the Institute of Bankers of Sri Lanka (IBSL). Targeting banks and public institutions, the program aims to produce 100 certified trainers annually, equipped with standardised teaching tools to deliver consistent financial education nationwide.
Further reinforcing its academic approach, the Central Bank also signed a Memorandum of Understanding (MoU) with the University of Kelaniya to promote research and innovation in financial literacy.
The Central Bank has invited media professionals, educators, and community leaders to join in disseminating these resources, marking the beginning of a broad-based movement toward greater financial empowerment and inclusion in Sri Lanka.
