Financial knowledge, planning vital in preventing bankruptcy, scams, says finance minister | Malay Mail

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Financial knowledge, planning vital in preventing bankruptcy, scams, says finance minister

Saturday, 27 Mar 2021 11:31 AM MYT

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the lack of financial knowledge and planning could be a contributing factor to an uncertain future. Therefore, the minister said, the issue would always remain current given its relevance to everyone at all stages of life. The International Survey of Adult Financial Literacy 2020 by the Organisation for Economic Cooperation and Development found that Malaysia was among the countries that must place importance on financial knowledge to ensure its people understand financial principles and manage money more effectively.

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