Therefore, going forward, SBP considers financial literacy as an integral part of the financial inclusion strategy. Financial literacy has assumed greater importance in recent years for both developed and developing countries, therefore, best practices in this area are still evolving.
However, synthesizing from the OECD’s high level principles for financial education, some best practices are: First, the financial education program must involve key players from the beginning. This may take a lot of time and effort due to slow decision making process but will ensure success of the program in the long-run.