Instil savings culture among youths to grow national savings

Most young Kenyans have limited opportunities to save money and make investments for their future. [iStockphoto]

As the world continues to face multiple challenges that have economic implications, actors in the global financial system have been called upon to enhance financial inclusion as a means of mitigating the socioeconomic impacts of Covid-19.

Insecure livelihoods and lifestyles brought about by the pandemic have necessitated deliberate savings and investments in long-term projects, hence financial resilience has become an indispensable element of post-pandemic recovery, especially among young people.