The Central Bank of Latvia (Latvijas Banka) announced that 28 organisations will renew and sign a Memorandum of Cooperation to strengthen their commitment to improving the financial literacy of Latvia’s population and to support more effective implementation of the National Strategy for Financial Literacy in Latvia 2021–2027. Following an evaluation of previous collaboration, the partners agreed to improve the work of the National Financial Literacy Working Group by refining priority areas, the collaboration structure and the range of partners involved. The memorandum is intended to clarify partner responsibilities, while Latvijas Banka will continue to coordinate implementation of the strategy and the Working Group’s activities; priority areas through 2027 include financial literacy for students and teachers, investment culture, responsible borrowing and resolving financial difficulties, and research on financial literacy.
Central Bank of Latvia 2026-03-17
Central Bank of Latvia to renew cooperation memorandum with 28 organisations to strengthen financial literacy
The Central Bank of Latvia announced that 28 organizations will renew a Memorandum of Cooperation to enhance financial literacy and support the National Strategy for Financial Literacy in Latvia 2021–2027. The agreement aims to refine the National Financial Literacy Working Group's priorities and structure, focusing on education, investment culture, responsible borrowing, and financial literacy research. Latvijas Banka will coordinate the strategy's implementation and the Working Group's activities.