Central Bank's chief economist engages youth on financial literacy

The Central Bank of Malta is doubling down on economic education for young people. Its Chief Economist, Dr Aaron G. Grech, took part in a talk on 28 July organised by youth group Żgħażagħ għall-Bidla.

The event, held in collaboration with the Mosta Local Council, also featured accountant Frederick Aquilina, minority leader on the Luqa Local Council. The discussion covered how finance and economics intersect with young people's daily lives, from work and accommodation to recreation and broader societal issues.

The talk addressed the economic model, quality of life, and how money is distributed in society. The Bank described the event as engaging, sparking several discussions.

The Central Bank of Malta is committing to further economic and financial literacy in Malta. This initiative is part of the Bank's broader mandate to support informed decision-making among the population.

For Malta's business community, a financially literate youth population is not just a public good. It directly affects the quality of the future workforce, consumer behaviour, and long-term economic stability. When young people understand finances, they are better equipped to manage debt, invest, and contribute productively to the economy.

The Bank's involvement signals that financial literacy is being treated as a strategic priority, not just a box-ticking exercise. As Malta's economy evolves, ensuring that the next generation can navigate complex financial systems becomes increasingly important.