TANGA, Jan. 23 -- THE Bank of Tanzania (BoT) has stepped up nationwide financial education and awareness programmes, a move aimed at strengthening financial literacy, promoting informed decision-making and accelerating the uptake of formal financial services across the country.

Speaking at the opening of National Financial Services Week, the Director of Financial Deepening and Inclusion, Mr Kennedy Komba, said limited financial literacy remains a major barrier to full financial inclusion, prompting authorities to scale up coordinated education initiatives targeting students and the general public.

Speaking on behalf of BoT Governor Emmanuel Tutuba, Mr Komba said the programmes are being implemented in partnership with the Ministry of Fi...