21 May 2019, Baku: The CBA continues the implementation of the ‘Increase of knowledge and skills of financial market participants’ target prioritized in the ‘Strategic Roadmap on Development of Financial Services in the Republic of Azerbaijan’ approved by Decree of 6 December 2016 of President of the Republic of Azerbaijan and actions to raise financial literacy of the population.

Modern intellectual techniques are used for broader coverage of financial literacy oriented events. Accordingly, the CBA placed a new ‘Balance of Payments’ animation in its e-resource – the ‘Financial Literacy’ portal (www.bizimpullar.az) launched to further expand the coverage of awareness efforts by the CBA. Developed to educate various target groups the animation delivers sample-based information on the balance of payments that records economic operations of enterprises, organizations and households with foreign countries over a year.

The main goal of the animation (https://bizimpullar.az/video-126) is to inform target groups on the structure and formation of the balance of payments and boost related awareness by explaining what the balance of payments is.

The Central Bank regularly enriches the content of the Financial Literacy portal along with various financial literacy related educational and promo events. The Portal allows to familiarize oneself with informative materials on economy and finance, explanatory animations on banking services and central banking, a virtual museum and a section for pupils, as well as use games with economic content and calculators.

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