Economics or entrepreneurship must go beyond monetary values and be tied to humanity — Minister of Education, Higher Education, and Vocational Education, Prime Minister Dr. Harini Amarasuriya
The Minister of Education, Higher Education, and Vocational Education, Prime Minister Dr. Harini Amarasuriya stated that despite the fact that societal tendencies give priority to the monetary value, economics and entrepreneurship should be disciplines rooted in humanity, and the concept of a “care economy” serves as a good example of this approach.
The Prime Minister made these remarks while participating in a program held today (18) at the Ministry of Education to inform officials about the development of modules for financial literacy and entrepreneurship, which are included as subjects under the new educational reforms.
Chairman of the Securities and Exchange Commission of Sri Lanka, Senior Professor Harendra Dissabandara, shared his insights on the current state of financial literacy in Sri Lanka and the way forward and the Chairman of the Colombo Stock Exchange, Mr. Dimuthu Abeysekara, expressed his views on the financial literacy activities in the country.
Further addressing the event, Minister of Education, Higher Education, and Vocational Education, Prime Minister Dr. Harini Amarasuriya stated:
We clearly come to see that your support and bless have forwarded for the new education reforms we are trying to implement. As the Ministry of Education, it brings forward a great strength and these reforms are more than just curriculum changes.
What we need is a developed society, not just economically, but spiritually and ethically as well. Wealth is not just about money.
In that sense, the transformation we are trying to bring about through education is deeply significant.
The theft, corruption, and fraud we see in today’s society are not committed by people lacking subject knowledge but by those who know the subject very well. That is why it has been so hard to address. Therefore, we must learn financial literacy and entrepreneurship together with human values, to develop them as ethical disciplines. What we need are entrepreneurs who love the environment, society, and have compassion for one another.
The Prime Minister further emphasized the importance of considering what state society would fall into if women were only engaged in financially valuable work.
Addressing this event the Deputy Minister of Labour and Economic Development, Professor Anil Jayantha Fernando, added:
Incorporating financial literacy into school education is extremely important. Many people fall victim to pyramid-like financial scams due to a lack of proper understanding. Therefore, the public must have a strong grasp of financial literacy. It is often those with high financial literacy who carry out financial fraud. Along with subject knowledge, we need to empower society with values to manage this situation
The event was attended by the Secretary to the Ministry of Education, Mr. Nalaka Kaluwawa; officials from the Ministry of Finance; the Securities and Exchange Commission of Sri Lanka; the Colombo Stock Exchange; and other institutional representatives.
Prime Minister’s Media Division