The Securities and Exchange Commission (SEC) has rallied behind the National Financial Education Campaign (NFEC), which is aimed at deepening financial knowledge among the citizenry.
Speaking on behalf of the Director-General of the SEC at the launch of the NFEC, the Deputy Director-General of Legal, Mrs. Deborah Agyemfra, reiterated the SEC’s commitment to investor protection, for which financial education is paramount to its attainment. She underscored the need for other peer financial sector regulators to support the implementation of the NFEC.
Additionally, she noted that “the SEC firmly believes that the National Financial Education Campaign will be a game-changer, equipping people with the financial know-how they need to take responsibility for achieving their financial goals.”
Addressing the need to whip up enthusiasm for more people to be interested in the financial sector, particularly the securities market, Mrs. Agyemfra stated that the SEC is confident that the NFEC “campaign will demystify and spark a newfound interest in the securities market, which can potentially yield many benefits for businesses, the country, and its citizenry”.
The National Financial Education Campaign (NFEC), among other things, is aimed at bridging the financial literacy gap and equipping Ghanaians with the requisite financial knowledge, thereby empowering them to make sound financial decisions.
Other dignitaries present were the Deputy Minister of Finance, Hon. Abena Osei Asare; representatives of peer regulators—the Bank of Ghana (BoG), the National Insurance Commission (NIC), and the National Pensions Regulatory Authority (NPRA); the World Bank, and other key stakeholders in the financial sector.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma