President Launches ‘Capital Market Club’

President Launches ‘Capital Market Club’

by Staff Writer 31-08-2023 | 5:11 PM

PMD: In a strategic move toward a developed Sri Lanka by 2048, President Ranil Wickremesinghe emphasized the dual importance of technology and financial literacy for the next generations. Speaking at the inauguration of the ‘Capital Market Club’ program in Kandy’s Nugawela Central College today (31), President Wickremesinghe disclosed key plans for this transformative journey.

Among the President’s notable announcements was the integration of the Central Bank’s reports into schools for discussion. 

To facilitate this, the Central Bank of Sri Lanka is set to introduce a comprehensive training program for teachers and student leaders. This initiative aims to bolster awareness of the stock market and enhance financial literacy among students across the nation.

The collaborative effort behind this program involves the Presidential Secretariat, the Ministry of Education, the Securities and Exchange Commission, and the Colombo Stock Exchange. These institutions have joined forces to execute President Wickremesinghe’s vision, with the ultimate goal of cultivating an informed and financially aware younger generation.

During the ceremony, President Wickremesinghe presented the charter certificate and a substantial grant of Rs. 100,000 to Principal Dhammika Bandara, marking the establishment of the Capital Market Club at the Nugawela Central College. Moreover, the President handed over a compilation of knowledge-packed books on ‘Capital Market Clubs’ to Mrs. Achini Kanitiwela, who is spearheading the subject.