Gatchalian’s Senate Bill 1192, or the “Economics and Financial Literacy Curriculum Act of 2019,” requires public and private school students in elementary, secondary, tertiary and technical-vocational education levels to complete EPF as a prerequisite for graduation.
“Halos 18 taon o higit pa ang ginugugol ng mga bata para sa pag-aaral, ngunit nagtatapos silang kapos ang kaalaman sa tamang paggamit ng salapi. Pag nagtatrabaho na sila, ginagawa nilang biruan ang petsa de peligro, pero hindi biro ang kakulangan nila ng kaalaman pagdating sa paghahanda sa kanilang kinabukasan,” Gatchalian, a businessman, said.
Gatchalian said that while government agencies such as the Bangko Sentral ng Pilipinas , the Department of Finance and the Department of Education are already offering programs on financial literacy, these efforts may not be sustainable if they are not institutionalized.
I agree!