Anwar Allocates RM50 Million for Madani Youth Financial Literacy Programme

By Loshinniy Nair S. Baskaran,

23rd August 2024 – Prime Minister Anwar Ibrahim has announced a RM50 million allocation for the Madani Youth Financial Literacy Programme. This initiative is designed to enhance financial literacy among Malaysian youth, equipping them with the knowledge and skills necessary to make informed financial decisions.

The program will include various educational activities, workshops, and resources tailored to the needs of young people. It is part of the government’s broader strategy to foster a financially literate generation, which is crucial for Malaysia’s economic sustainability and future growth.

Anwar emphasized that financial literacy is a vital life skill that can significantly impact the economic well-being of individuals and the nation. By focusing on youth, the program aims to instill sound financial habits early, which can lead to better financial management and stability throughout their lives. The RM50 million allocation will be used to develop comprehensive content and outreach initiatives to ensure that young people across the country have access to these educational resources.

This announcement reflects the government’s commitment to youth empowerment and economic resilience. The Madani Youth Financial Literacy Programme is expected to play a key role in preparing the next generation for the financial challenges and opportunities they will face in the future, as stated in The Star.