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Capital market to enter school curriculum 

10 Nov 2022

  • SEC DG says capital market content to be added from Grade 6 onwards beginning next year
By Imsha Iqbal Educational content on capital markets, which focuses on raising capital through shares, bonds and other forms of long-term investments, is to be included in the school curriculum from next year onwards, stated Securities and Exchange Commision (SEC) Director General Chinthaka Mendis. He made this statement during the launch of the Financial Literacy publication, which was marked with a bell-ringing ceremony, at the trading floor of the Colombo Stock Exchange (CSE).   Mendis said: “From next year onwards, capital market content will be part of the curriculum from Grade Six. This has been included in the subject Entrepreneurship and Financial Literacy, which will be the new subject that is to be introduced to the school curriculum.” He stated that this marks a big step forward when it comes to teaching the country’s future generations, and added that this is one among many measures that the SEC Capital Market Division has taken in educating the public, investors, and those interested in improving their understanding on the “ways to invest” and “where to invest”.  Reiterating the points made by other speakers at the event, he stressed that the relatively low level of financial literacy might also have adversely and directly impacted the contraction of the economy.  Speaking at the event, CFA Society Director Ravi Abeysuriya, who authored the publication, said that it provides a basic understanding on “taking control of the financial future”.  CFA Society Sri Lanka Vice President Aruna Perera, speaking at the launch of the aforesaid publication, elaborated on the importance of financial literacy regardless of one’s family or societal status, as it supports everyone in making prudent financial decisions. “If you are financially literate, you may think of not just short-term, but long-term concerns. You may not put all your assets in one basket. In other words, you may look at portfolio diversification. You may not just look at the return, but you may also look at the risk involved in that return,” he noted.  He also appreciated Abeysuriya for publishing the book in all three national languages, noting that the topic is timely to all Sri Lankan readers due to the prevailing crisis in the country, adding: “Everyone would be able to read and understand.” Central Bank of Sri Lanka (CBSL) Deputy Governor K.M.A.N. Daulagala participated as the Chief Guest of the publication’s launch, on behalf of CBSL Governor Dr. Nandalal Weerasinghe. CFA Society of Sri Lanka Director Rasanjan Perera and academics from State and non-State universities were also among the participants. 


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