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DEVELOPMENT AND IMPLEMENTATION OF REGIONAL PROGRAMS TO IMPROVE THE FINANCIAL LITERACY OF YOUTH

V. Malyaev

Abstract

Financial literacy is a certain level of knowledge and skills in the financial sector, which in conditions of market economy enables the citizen to rationally assess the real situation and make the right life decisions. The problem of increasing the level of financial literacy in recent years and especially after the aggravation of the global financial crisis has become one of the priority tasks for governments in many countries, including the Russian Federation. The results of the conducted studies indicate that the level of financial literacy of the Russian population is quite low, as most citizens are poorly oriented in the financial environment and few use the products and services offered by financial institutions. Improving the financial literacy in the Russian Federation will accelerate the development of certain financial instruments and segments of the market economy, implementation of national, regional and municipal programs. The aim of this article is to present the results of the pilot project on the development and implementation of programs to improve financial literacy of youth at the level of municipal formation.

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