Author
SMU Office of Corporate Communications
Date
27 September 2021
Some 600 participants, including students from the Institute of Technical Education, Polytechnics and Universities, and the rest from government agencies and partner organisations, attended the two-day Symposium.
Guest-of-Honour Ms Gan Siow Huang, Minister of State for Education and Manpower, kicked off the event with a Welcome Address. She said the COVID-19 pandemic has thrown into sharp focus the importance of financial resilience in times of crisis. “At the national level, our financial reserves enabled us to not only meet the immediate needs of the current crisis, but also build capabilities to emerge stronger for the future. Financial decisions made decades ago and reserves painstakingly set aside by our earlier generations had allowed Singapore to respond swiftly and sufficiently today.”
Noting that financial resilience does not happen overnight, Ms Gan added “Financial literacy is the key building block of financial resilience. Our shared vision is to build a financially inclusive community, where everyone has access to information and tools to plan ahead and make informed financial decisions.” She also commended Citi Foundation-SMU for the good efforts in addressing financial concerns close to the hearts of our youths.
Check out SMU Newsroom for more information!
Coverage by The Straits Times:
Financial resilience and literacy vital, especially in times of crisis: Gan Siow Huang
Coverage by Zaobao:
Individuals with financial resilience can manage their personal finances better
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