Bank Negara Malaysia has issued a discussion paper setting out proposed features of Malaysia’s second National Strategy for Financial Literacy for 2026–2030. The strategy is positioned as a roadmap to strengthen financial capabilities, resilience and financial well-being by equipping Malaysians with the knowledge and skills to make informed financial decisions, with an emphasis on addressing remaining gaps among vulnerable segments. The paper notes steady improvements in financial knowledge, behaviour and attitudes under the first strategy for 2019–2023, while highlighting persistent gaps and emerging trends including increased demand for more personalised financial solutions and greater alignment with broader development goals such as the Sustainable Development Goals. Delivery is envisaged through inclusive, dynamic and innovative financial education provided continuously via a whole-of-nation approach coordinated through the Financial Education Network. The Financial Education Network is seeking written feedback, including areas to clarify and alternative proposals, supported by rationale and evidence or practical examples where appropriate, by 28 March 2025.
Bank Negara Malaysia 2025-02-13
Bank Negara Malaysia launches consultation on Malaysia’s second National Strategy for Financial Literacy for 2026 to 2030
Bank Negara Malaysia has released a discussion paper outlining the proposed features of Malaysia’s second National Strategy for Financial Literacy for 2026–2030. The strategy aims to enhance financial capabilities and resilience, focusing on vulnerable segments and aligning with broader development goals. It emphasizes inclusive and innovative financial education through a coordinated national approach.