PORTUGAL UNVEILS DIGITAL FINANCIAL LITERACY STRATEGY TO FOSTER INCLUSION

Portugal’s long-term vision for digital financial literacy takes shape with the introduction of the Digital Financial Literacy Strategy. This comprehensive strategy, spearheaded by Banco de Portugal and endorsed by various stakeholders, outlines a roadmap featuring short- and medium-term actions. The primary objective is to equip the Portuguese population with the knowledge and skills to confidently navigate digital financial services while curbing digital financial exclusion. By promoting financial well-being and resilience, the strategy endeavors to enhance the lives of individuals in Portugal. Developed through a consultative and evidence-based process, this initiative aligns with the OECD Recommendation on Financial Literacy. The strategy’s official launch in Lisbon on 10 May 2023 featured key insights from notable figures such as Mário Centeno, Governor of Banco de Portugal; Francisca Guedes de Oliveira, Member of the Board of Directors, Banco de Portugal; Elisa Ferreira, Commissioner for Cohesion and Reforms, European Commission; and Fabrizia Lapecorella, Deputy Secretary General, OECD. More info is available here Digital Financial Literacy in Portugal – OECD