Meeting of the National Committee for Financial Education: Continued Strong Activities Aimed at Strengthening Financial Literacy
22/12/2025
The National Committee for the Development of Financial Education held its sixth meeting today, chaired by Irena Radović, the CBCG Governor. The Committee members Anđela Jakšić Stojanović, Minister of Education, Science and Innovation; Željko Drinčić, President of the Capital Market Authority; and Marko Ivanović, President of the Council of the Insurance Supervision Agency, attended the meeting.
At the meeting, the attendess adopted the Financial Education Action Plan for 2026, which provides for the continuation and enhancement of existing initiatives, as well as the launch of new activities aimed at strengthening the financial literacy of citizens of Montenegro. The Action Plan results from the coordinated work by institutions involved in the implementation of the Programme for the Development of Financial Education in Montenegro 2023–2027, whose implementation is coordinated by the CBCG.
Governor Radović emphasised that inter-institutional cooperation is key to the successful and sustainable implementation of the Programme, and that the National Committee plays an important role as a platform for the exchange of experiences, alignment of priorities and joint definition of future directions in the field of financial education.
Committee members were informed about the Report on the Development and Implementation of the Programme “Enhancing Financial Literacy and Social Entrepreneurship”, implemented in cooperation between the Bureau for Education Services and the CBCG. Following the accreditation of this programme, training courses were designed and organised for teaching staff in Montenegrin pre-school, primary and secondary education institutions. In 2025, 60 educators and teachers completed the training, thereby strengthening the capacity of the education system for the systematic and sustainable application of financial literacy in both curricular and extracurricular activities. Expected outcomes include higher-quality integration of financial literacy as a cross-curricular topic, greater student engagement through interactive and practical teaching methods, and the long-term strengthening of financial resilience and entrepreneurial spirit among young people. Based on the results achieved so far, it was assessed that the Programme has significant potential for further expansion to a larger number of educational institutions in 2026.
Minister Jakšić Stojanović highlighted that the ongoing reform of the education system has identified key skills and competencies that need further development, including financial literacy. She also pointed to the potential for a stronger and more systematic presence of financial literacy topics in secondary education, noting that specific models and solutions will be decided within the framework of reform processes and in cooperation with relevant institutions.
The Committee was informed about the Regional Financial Literacy Framework for Individuals in the six Western Balkan countries (WB6), developed with the support of the Regional Cooperation Council and the European Commission, and endorsed within the Berlin Process. The main objective of this document is to strengthen citizens’ financial competencies in the context of accelerated digitalisation, pronounced economic challenges and the process of European integration. The idea is for the Framework to propose a unified approach and standardised financial education programmes, fully aligned with EU and OECD frameworks, while at the same time respecting the specificities of the WB6 countries. Bearing in mind that this document represents an important reference basis for the further improvement of national policies and activities in the field of financial education, it was agreed that the Framework would be distributed to all institutions, educational establishments and other relevant stakeholders, in order to enable them to plan, develop and implement financial education activities in a harmonised and measurable manner.
The National Committee supported the CBCG initiative for a team from Montenegro to participate in an international high-school debate competition organised by the Bank of Slovenia, within the project “Masters of the Digital Future”, which aims to strengthen the financial and digital literacy of young people. The competition will be held in May 2026 in Ljubljana, with the participation of secondary school students from several European countries.
Members of the National Committee expressed their readiness to contribute actively to the further development of financial education programmes through the provision of expert training, participation in the development and improvement of didactic and educational materials, and through other forms of support to citizens aimed at strengthening knowledge and skills in the field of finance.
They expressed the belief that, through a partnership-based approach and strong institutional cooperation, decisions in the coming period will continue to be taken that will further improve the implementation of the Programme and make a measurable contribution to the long-term strengthening of financial literacy and financial resilience of the citizens of Montenegro.