2021 GMW Annual report

MALTA GMW national coordinator: Home Economics Seminar Centre (HESC) Participating organisations: Malta Bankers’ Association (MBA), ĠEMMA, JAYE Malta Foundation, Central Bank of Malta, Malta Insurance Association Total number of participating organisations: 6 Number of children and young people reached directly: 122 Number of adults reached directly: 75 Number of people reached indirectly: 39,800 The Home Economics Seminar Centre (HESC) collaborated within the Directorate for Learning and Assessment Programmes with the Malta Bankers’ Association (MBA) supported by JAYE Malta Foundation and ĠEMMA. To celebrate GMW 2021, several initiatives were organised to promote awareness about financial education and inclusion.

The Week was launch through an online event coordinated by the HESC in collaboration with the MBA. The audience was addressed by the Minister of Education. The programme of the Week was then introduced, and the announcement of winners of the GMW Financial Literacy Challenge.

The HESC teamed up with the MBA and coordinated the European Money Quiz by the European Banking Federation for youth between the ages of 13-15 in Malta. As of each year, a circular was sent to all schools in Malta to encourage participation.

The Financial Literacy Challenge was organised for primary, middle and senior schools. In primary schools, the challenge aimed to promote awareness related to financial capabilities. The young participants created a healthy low-cost food item with emphasis on at least one of the following areas: seasonality, sustainability, local and traditional food. For the middle and senior schools, through crosscurricular subjects, students were encouraged to create an original item/product promoting budgeting and highlighting the importance of saving for future needs.

The Department for Learning and Assessment Programmes issued circulars for all schools in Malta to inform parents and students about these competitions.

As part of the GMW programme, a teacher training webinar was held for Home Economics teachers or other teachers, with the objectives of upskilling with regards to cybersecurity and non-banking products.

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