AZERBAIJAN GMW national coordinator: Central Bank of Azerbaijan Republic Participating organisations: Secondary schools, art centres, creative schools, youth development centres, and others Total number of participating organisations: 500 Number of children and young people reached directly: 780 Number of adults reached directly: Not reported Number of people reached indirectly: 780 The Azerbaijani Government announced 2021 as a year of the poet Nizami Ganjavi. The Central Bank of Azerbaijan Republic (CBAR) used Nizami Ganjavi concept for Global Money Week. The purpose of this year’s campaign was to increase financial literacy knowledge and skills of students by acquainting them with the ideas of critics of wastefulness, value for money, saving and saving habits in Nizami Ganjavi’s poems. A painting and essay writing competition was held during GMW. A special website was created for this purpose here, to include helpful information about the terms and conditions of contest and Nizami Ganjavi’s verses from “Khamsa” regarding debt, wastefulness, value for money, saving and saving habits. The painting competition was held for students between the ages of 7-14. Around 450 youth in 400 schools from all over the country mailed their paintings to the Central Bank of the Azerbaijan Republic. The essay competition was organised for students between the ages of 12-14. Around 330 participating schoolchildren emailed their essays to the CBAR. Both competitions selected winners of the first, second and third place. Due to overwhelming number of participants, the announcement of winners was postponed to May, 7th. The winners will receive prizes and certificates. The top ten finalists of both painting and essay writing contest will be invited to take part in the central banking seminars prepared for them by the experts from the Central Bank. The workshops will be held virtually or physically, depending on the circumstances related to COVID-19. Additionally, small groups from all participants have the opportunity to join financial literacy seminars in 2021.
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