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Russians’ financial literacy in the focus of the Gaidar Forum

The final day of the Gaidar Forum 2017 began with a panel discussion on improving the financial literacy of the Russian population. A financial literacy project is being implemented as part of cooperation between Russia’s Finance Ministry and the World Bank.

The discussion was attended by Andrei Bokarev, Director of the Ministry of Finance Department of International Financial Relations; Nikolai Berzon, Director of the Federal Methodology Center for Financial Literacy in the System of General and Secondary Professional Education; Guzelia Imayeva, Director General of the National Agency for Financial Studies; Anna Zelentsova, Strategic Coordinator of the Financial Education and Financial Literacy Project; Igor Shevalkin, representative of Financial University under the Government of the Russian Federation; Rostislav Tokarev, representative of Moscow State University; and Anna Chaplygina, Coordinator for the Protection of Rights of Financial Services Consumers, Project "Promotion of the Level of Financial Literacy and Financial Education in the Russian Federation."

At the beginning of the meeting, Ms. Imayeva delivered her report, where she spoke about important aspects of financial literacy, explained its specifics and cited cross-country comparisons. In our country, the level of financial knowledge is below satisfactory, with only 15% feeling competent in the issue. The most vulnerable people are pensioners, consumers with a low level of education, young people, rural residents, migrant workers and residents of the North Caucasus Federal District.

Organizers of the Gaidar Forum: “The Russian Presidential Academy of National Economy and Public Administration” (RANEPA), The Gaidar Institute for Economic Policy (Gaidar Institute) and the Association of Innovative Regions of Russia (AIRR).

Web: the Gaidar Forum

PARTNERS

General partner: Gazprom. Financial partner: Otkritie Bank. Strategic partners: Gazprombank, Unilever, ACIG Group of Companies, Johnson&Johnson, Novartis Group in Russia, Masterсard, Yegor Gaidar Foundation, MSD. Official partners: Microsoft, RVC. Partners: EY, Cotton Way, The Russian Brewers' Union, Tomsk region. Insurance partner: Rosgosstrakh.

General media partners: Russia 24, PH "Kommersant". General Internet Media: Gazeta.ru. General radio partner – Business FM. Strategic media partners: TASS, RT, RIA Novosti. Main media partners: Interfax Information Services Group, Prime Business News Agency CJSC.

Media partners: "Rossiyskaya Gazeta", Izvestia, Rambler News Service, Snob, The Moscow Times,Xinhua News Agency, PR Newswire, Agencia EFE, Radio "Echo of Moscow", Thomson Reuters, The Finmarket Information Agency, Polit.ru, BRICS Business Magazine, AK&M, Ekonomika I Zhizn’, China Radio International, FederalPress, The National Banking Journal, The magazine "Region of development", "Banking", RAEX (Expert RA), "STRANA", Phoenix Satellite Television, The magazine "Moscow – Beijing. Two Countries – One Thing", RIA Standards & Quality, Business Excellence, Strategy Journal, Gosudarstvennaya Sluzba, Viable Healthcare, Bank Review, Financial One, Magazine "Banking", RAI - Italian Radio television.