(Zwedru, June 25, 2025): The Central Financial institution of Liberia (CBL) kicked off the nationwide Monetary Schooling and Literacy Program on Monday, June 23, 2025, in Zwedru, Grand Gedeh County, starting the county-level marketing campaign to show folks the right way to handle their cash effectively and assure particular person monetary stability.
Forward of the launch on the Zwedru Metropolis Corridor, a county staff drawn from stakeholder teams underwent a 2-day intensive coaching of trainers. The staff will stay within the county to interact residents and residents of villages, cities and districts, capacitating folks on problems with setting monetary targets, budgeting, saving, investing and accountable borrowing.
On the Grand Gedeh launch, Superintendent Alex Chersia Grant pledged to champion the goals of the initiative by way of native county applications.
He mentioned his workplace will personally follow-up on the progress of the native trainers to make sure that information acquired through the workshop is sufficiently disseminated all through the three districts of the county.
Superintendent Grant lauded the CBL for driving the FinEd program, which he famous will go a great distance in instilling monetary self-discipline and stability in the way in which households, companies and people handle their funds.
The CBL is main the Authorities of Liberia monetary schooling program in collaboration with the Ministry of Schooling, Gender Youngsters and Social Safety, Youth and Sports activities amongst others.
Grand Gedeh County Schooling Officer, Mr. Botha Kromah, promised that his workplace will collaborate with the native trainers to make sure that college students of the county profit from the FinEd program, which he famous is important within the growth of younger folks. “If the tradition of budgeting and saving is launched at an early begin, it can reduce the difficulties most of our persons are confronted with within the administration of our meagre monetary sources,” he famous.
The Chairman of the Authorities of Liberia working group on Monetary Schooling, Cllr. P. Alphonus Zeon, lauded the folks of Grand Gedeh for the spectacular present of assist demonstrated by way of their turnout, and urged them to make the most of the chance the initiative provides. “Monetary Schooling will educate you the right way to handle your funds correctly and scale back the stress in a means that when one thing occurs unexpectedly it is possible for you to to deal with it, as a result of you’ve gotten set monetary targets; and this will solely be accomplished by way of this system that we’re launching at the moment often called Monetary Schooling.’
“If you’ll be able to funds, plan, and maintain your sources, the stress on the federal government is decreased in offering a viable and steady monetary ambiance in Liberia,” mentioned Cllr Zeon.
The county launch of the FinEd program is a necessary step towards the implementation of the CBL purpose of reaching monetary inclusion, an essential element of the Financial institution 2025-2029 Strategic Plan.
The CBL is collaborating with the Feminine Affiliation of Liberian Journalists (FeJAL), PERT Consultancy Included, and the workplace of the Tradition Ambassador of Liberia to roll out this nationwide FinEd program.
Talking on behalf of the respective teams, Madam Lisa T. Diasy and Mr. Kerkula Kamara promised to make use of their experience to offer coaching and mobilize all native teams for the profitable implementation of this system.
“We now have already begun the coaching and mobilization of our folks and won’t cease till the message is unfold all through the nation; Ambassador Kamara harassed.
15 trainers who participated in a two-day workshop in Zwedru, have been awarded certificates. Seven of them who’re domestically based mostly will conduct the FinEd program of their native areas, in collaboration with FeJAL, the workplace of the Tradition Ambassador and the CBL.
The event, which drew a big turnout on the Zwedru Metropolis Corridor, was attended by a cross part of residents together with college students, the enterprise neighborhood; civil society teams; the Liberia Advertising Affiliation, the native branches of the Village Saving Mortgage Affiliation; the Liberia Rural Ladies; the Liberia Bike Union; the Transport Union; Individuals Residing With Incapacity; the Grand Gedeh Youth Group; Commissioners in addition to conventional and non secular leaders.
In March this yr, the CBL launched a nationwide Monetary Schooling and Literacy Program to deal with the widespread lack of monetary consciousness amongst Liberians.
A January 2025 survey revealed that 77% of Liberians had by no means acquired formal monetary schooling, with many expressing the necessity to find out about budgeting, saving, and investing. This system combines neighborhood workshops, radio outreach, and direct engagement with teams like market girls, youth, and motorcyclists to construct monetary information.
The initiative helps Liberia’s broader nationwide growth pillar, revitalizing the economic system, a precedence underneath the ARREST Agenda for growth.
