What’s the status of financial literacy, access and inclusion in Nepal? What’s next?

Financial literacy is the understanding, knowledge and awareness of the different financial concepts including cash management, risk and return analysis, planning of short-term and long-term financial goals, the choice of financial products and utilising such knowledge to make effective decisions across the range of alternatives.

Financial literacy assists to increase an individual’s financial decision that increases the use of financial instruments and demand for overall financial services.