A new subject covering entrepreneurship and financial literacy will be introduced for Grade 6 students from 2027 as part of Sri Lanka’s new curriculum reforms, Prime Minister Harini Amarasuriya has announced.

PM Amarasuriya said the broader curriculum reforms are designed to provide students from Grades 6 to 9 with knowledge of entrepreneurship and financial literacy.

As the first phase of the initiative, the new subject will be introduced to all Grade 6 students in 2027, she said while addressing a bell-ringing ceremony held to promote financial literacy.

The Prime Minister also highlighted programmes such as the Stock Market Game and school capital market clubs, which are aimed at giving schoolchildren and young people practical exposure to entrepreneurship and investment from an early age.

She stressed that financial literacy education should also have a strong focus on ethics and responsible financial behaviour.

Young people should be taught that earning money should not involve exploiting or deceiving others and should instead understand the importance of acting responsibly and ethically, PM Amarasuriya said. (Newswire)

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The Central Bank of Sri Lanka today launched a series of financial literacy initiatives, including the country’s first national financial literacy curriculum, aimed at improving public understanding of finances and economic management.

Central Bank Governor Nandalal Weerasinghe, introducing the curriculum, said access to financial information enables individuals to better manage their money, plan for the future and improve their economic well-being.

“This financial system transforms the role of the consumer, empowers individuals to make well-informed financial decisions, protecting themselves from fraud, strategize for the future, and ultimately contributing to an inclusive economic growth,” Weerasinghe said during the launch event at the Central Bank. “This ‘inclusivity’ is very important at the end of the day as it serves as a powerful instrument for ending poverty and bridging intergenerational poverty cycles.”

The initiatives were developed in collaboration with the University of Kelaniya, with support from the United Nations Development Programme (UNDP) and the Japan International Cooperation Agency (JICA).

Asuza Kubota, resident representative of UNDP, said 33.4% of Sri Lanka’s population is vulnerable due to household debt, with many depending on loans to meet basic needs such as food, healthcare and education.

“Often the lack of financial literacy contributes to these circumstances, including poor financial decisions,” she said, highlighting the importance of the Central Bank’s timely efforts.

Also present at the launch were JICA Chief Representative Kenji Kuronuma and University of Kelaniya Vice Chancellor Senior Prof. Nilanthi de Silva. The event also marked the introduction of the Certified Trainer in Financial Literacy (CTFL) program. (Newswire)

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