1/3  BIS - Central bankers' speeches  Strengthening the financial resilience of households has been one of the top priorities of our financial education agenda, and its importance has increased in recent years. To support this endeavour, Banco de Portugal participated in the group of national experts that wrote the core financial competence framework for the adult population in the European Union.
A project presented by the European Commission and supported by the International Network on Financial Education. We are committed to incorporating the framework into our national financial literacy strategy. The pandemic was a reminder that the world is fundamentally unpredictable, and that financial literacy is an essential tool for managing personal finances to prepare for the unexpected.