Tanzania launches financial education plan
More than 27% of people remain excluded from financial services in Tanzania
The Bank of Tanzania has launched a ‘National Financial Education Framework' (NFEF) with a view to reducing the percentage of people excluded from financial services, currently standing at 27.4%.
Announced today (February 23) on the bank's website, the framework, for the years 2016 to 2020, aims to help improve the level of "financial capability" of the Tanzanian population. The aim is to help individuals act with "confidence" in making "optimal choices" in their personal finances.
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