Maldives

GMW national coordinator: Maldives Monetary Authority (MMA) Participating organisations: Bank of Maldives, Allied Insurance Company, Pension Administration Office, Capital Market Development Authority, First National Finance Corporation, Hdh. Neykurendhoo School, Rehendhi School, Haa Alifu Atoll Education Centre, Seenu Atoll School Total number of participating organisations: 10 Number of children and young people reached directly: 1,479 Number of adults reached directly: 200 Number of people reached indirectly: 167,620

Maldives Monetary Authority (MMA) organised a financial webinar series in collaboration with financial institutions for Global Money Week 2022. The webinars targeted college and university students in the Maldives and were opened to the public so that interested young people could participate. During the event series, institutions delivered sessions on key financial topics to enhance the knowledge of the participants regarding money matters. The three-day webinar series was a huge success as the feedback received from the participants was very positive.

MMA conducted a Facebook campaign to enhance the financial knowledge of the public. The campaign was held from the first week of February 2022 until the end of GMW2022. During this campaign, awareness posts were created and uploaded on MMA’s Global Money Week Facebook page on a weekly basis. Similarly, MMA created and uploaded an awareness video, which highlighted the importance of understanding the difference between needs and want to manage spending.

In addition, MMA developed GMW Toolkits and shared these with all school in the country, encouraging them to organise activities to celebrate GMW. The toolkits suggested various activities that education institutions could organise to celebrate the week. Similarly, an assembly speech was sent to all schools in the Maldives. This speech highlighted the importance of saving and encouraged students to learn important life skills including job and entrepreneurial skill that can help them to earn in the future.

MMA also organised several activities within MMA, to mark the 10th edition of GMW2022. The Governor delivered an insightful speech on GMW theme at the inauguration ceremony of GMW. The programme concluded with a financial quiz. A scavenger hunt was organised for MMA staff that enabled them to learn about money matters in a fun and challenging environment. Furthermore, a financial debate was held during the closing event of GMW2022.