ACT has signed another big-scale project. As commissioned by the Organization for Economic Cooperation and Development (OECD), the company will study the level of financial literacy in micro, small and medium-sized enterprises in 15 countries in Eastern Europe, the Balkans, the Middle East, the Caucasus and Central Asia. Egypt will be added to the ACT International Portfolio under this project.

OECD and its international network for financial education (OECD/INFE) facilitate the development of effective financial education initiatives in the target countries, knowledge sharing and establishment of international practices.

ACT survey is aimed at assessing the level of financial education of MSMEs and potential entrepreneurs in different countries. The assessment will be based on the international framework of key financial literacy competencies.

The results obtained will help to analyze the level of financial education in the respective countries in order to improve financial literacy, consumer protection and financial well-being of citizens. The survey results will be used in the process of developing national strategies for financial education and implementing relevant initiatives.