📈 CBSL & UNDP Partner to Boost Financial Literacy & MSME Resilience

The Central Bank of Sri Lanka (CBSL) and the UNDP have formalised Phase 2 of their partnership to advance the National Financial Literacy Roadmap (2024–2028), aiming to empower vulnerable communities and small businesses. • Core Objective: Build on technical support from 2024–2025 to improve household economic resilience, support MSMEs, and foster inclusive nationwide economic growth. • Key Focus Areas: • Capacity Building: Training government outreach officers across all districts to deliver financial literacy education to rural communities, integrating new climate-resilient financial management modules. • Advocacy & Outreach: Launching a comprehensive public awareness campaign to drive responsible financial behavior. • Programme Integration: Embedding financial decision-making tools directly into UNDP's ongoing economic development initiatives. • Strategic Backing: The initiative is supported by international and corporate partners, including the Government of Japan, Chrysalis, VISA, and Hirdaramani-Lacoste. • National Context: By improving financial capabilities, the initiative intends to safeguard the MSME sector—a critical driver of local employment and regional diversification—against economic and climate-related shocks.