Weidmann urges central banks to promote economic and financial literacy

Jens Weidmann
Jens Weidmann

The president of the Deutsche Bundesbank has stressed the importance of financial literacy for central banks across the globe, saying they would be "well advised" to promote programmes as part of their financial inclusion initiatives.

In his welcoming remarks at the G20 conference on 'Digitising finance, financial inclusion and financial literacy', Jens Weidmann highlighted the linkages between financial literacy and monetary policy.

"Effective monetary policy communication relies on a basic

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