Malta

GMW national coordinator: Directorate for Learning and Assessment Programmes (DLAP), Department for Curriculum, Lifelong Learning & Employability, Ministry for Education, Sport, Youth Research and Innovation Participating organisations: Home Economics Seminar Centre, Malta Bankers Association, Central Bank of Malta, Malta Stock Exchange, Malta Financial Services Authority, Cyber Crime Unit within the Malta Police Form, GEMMA, JAYE Malta Foundation, BOV, HSBC Total number of participating organisations: 10 Number of children and young people reached directly: 400 Number of adults reached directly: 143 Number of people reached indirectly: 24,177

Throughout Global Money Week 2022, the Home Economics Seminar Centre (HESC) within the Directorate for Learning and Assessment Programmes in collaboration with the Malta Bankers’ Association (MBA) and supported by EMMA, JAYE Malta Foundation, the Cybercrime Unit of the Malta Police Force, the Malta Financial Services Authority and the Malta Stock Exchange Institute, organised initiatives to promote awareness related to financial literacy, financial education and financial inclusion.

During the week, several activities were organised for children, youth and for adults, all through digital means. These included the:

• The Money Week Launch - An online event coordinated by the HESC in collaboration with the MBA presented the programme of activities for the Money Week. The winners of the GMW Financial Literacy Challenge were announced. The launch presided by Malta’s Education Minister. • Financial Literacy Challenge in Primary Schools - This activity intended to promote awareness related to financial capabilities. The participants created a healthy low-cost food item with emphasis on seasonality, sustainability and local food. • Financial Literacy Challenge in Secondary Schools - Students were encouraged to create an original theme-related character that provided guidance on how to budget wisely throughout different stages of life. • Teacher Training - Participants were given the opportunity to familiarise themselves with resources and current initiatives intended to support the integration of financial literacy in the school curriculum. This financial literacy webinar focused on specific areas of interest for schoolteachers that include consumer rights and responsibilities, cybercrime and cybersecurity, investments, life assurances and pension plans. • Be Money Smart - This is newly launched HESC programme was created in collaboration with the Central Bank of Malta that develops learners’ capabilities through budget planning, saving, bank services, reducing counterfeiting and becoming critical consumers. • Be Wise, Pay Smart - The programme targeted vulnerable youth. It explores the use of the ATM and different methods of payments. The students had the opportunity to discuss ways how to be a smart consumer through educational video clips. HESC staff and MBA bank members facilitated the programme. • Europe my Business - The programme which was facilitated by JAYE staff and volunteers targeted year 8 and 9 students. It explored European business and trade that produce goods and services for consumers, outlining the pricing of goods in their journey from resources to final product.