Financial Planning Literacy Crucial in Achieving National SDGs

Kuala Lumpur, November 24th, 2017 – As part of the Malaysian Financial Planning Council (MFPC) agenda to achieve the United Nations (UN) Sustainable Development Goals (SDGs) and to ensure proper planning and sustainability of financial literacy in Malaysia, the MPFC has signed a memorandum of understanding (MoU) to collaborate with Global Compact Network Malaysia (GCMY).

MFPC and GCMY will collaborate to promote awareness and advocate for financial planning to enable financial sustainability. They will also partner with the Government, think-tanks and academic centres to design sustainability into financial planning education. Together MFPC and GCMY will conduct training and information sharing sessions, seminars, workshops and best practice exchanges with stakeholders domestically and regionally.

(From L To R): Mr.Thomas Pui, Membership Committee MFPC; En.Anuar Bin Shuib, MFPC Secretary; Mrs. Sin Soon Ehian, UN Global Compact Malaysia Representative; Dr. Puvan J Selvanathan, President UN Global Compact Malaysia; Mr. Michael Kok Fook On, President of MFPC; Mr Phang Kar Yew, Vice President, External Relations & Publicity MFPC; Ms. Chung Kar Yin. Executive Director, MFPC and En.Nor Iskandar Md. Nor, Strategy Management Department of Employee Provident Fund at the GCMY – MFPC signing ceremony.

MFPC has committed to SDG 4 and SDG 17 to, respectively, ensure inclusive and equitable quality education and to implement and vitalize global partnership for sustainable development. MFPC and GCMY have a roadmap to achieve these goals by raising awareness on financial planning, providing skills to improve individual understanding and knowledge of rights.

MFPC has committed to SDG 4 and SDG 17 to, respectively, ensure inclusive and equitable quality education and to implement and vitalize global partnership for sustainable development. MFPC and GCMY have a roadmap to achieve these goals by raising awareness on financial planning, providing skills to improve individual understanding and knowledge of rights.

Puvan J Selvanathan, President of GCMY, said, “With MFPC we can help to improve the level of financial literacy nationally. People are sustainable when they have financial security on income, education and health for their household. MFPC programmes and projects strategically strengthen the achievement of the SDGs in Malaysia”.

MFPC recognises the challenge to meet the UN SDGs by 2030 and is committed to creating a viable economic foundation for the future. The target programmes will promote sustainable livelihoods, education and sustainable economic and financial well-being.

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