Page 11 - NIBAF-Training Matters July-September 2021

National Financial

Literacy Program

for Youth (July

2021 – September

2021

The last quarter witnessed closure of
majority of the educational institutes owing
to the rising number of coronavirus cases.
Despite these challenges, the National
Financial Literacy Program for Youth headways under the project. PomPak – Learn to Earn is
(NFLP-Y) was able to access and train more than 25,000 reaching new heights of success with every passing day
youth through face-to-face classroom training sessions. and has consistently maintained its top spot in the
Participants’ safety was ensured through strict compliance ‘educational games’ category in the Google Play Store in
of COVID-related SOPs under the guidance of NFLP-Y Pakistan. Since its launch on March 25 2021, PomPak’s
th
team members. android and iOS mobile applications have exceeded
On September 23, 2021, NIBAF in collaboration with the 195,000 downloads, while the total enrollment on the
International Rescue Committee (IRC) convened an event platform has crossed 235,000.
– Empowering Girl’s through Financial Literacy – to NIBAF is also collaborating with local tech giants to
advocate girl’s education & financial literacy and celebrate enhance access to the youth. Under one such initiative,
achievements under their partnership. Key government NIBAF and JazzCash, Pakistan’s leading FinTech
stakeholders as well as personnel from development and Company, have signed a Memorandum of Understanding
international organizations attended the event held in for increasing financial literacy amongst the youth of
Islamabad. NIBAF’s partnership with IRC allows Pakistan under which JazzCash shall promote the PomPak
empowerment of 7,000 girls through provision of basic and application on its platform. This arrangement will help the
financial literacy. Selected students who had successfully application reach a wider audience, thus increasing its
completed the financial literacy course of the NFLP- usage and eventually promoting financial literacy of the
Y/TEACH and their families attended the event. SBP’s nation resulting in a highly positive socio-economic
Deputy Governor, Ms. Sima Kamil, distributed certificates impact. The collaboration is expected to facilitate SBP in
amongst the girls visiting from Balochistan. reaching out to almost 26 million Pakistanis. The new app
Besides these physical outreach events, the virtual shall be made live in the first week of October, 2021.
alternatives have also been playing a pivotal role in making