The Saudi Central Bank launched the “Mali” application as one of the unique educational tools in the Kingdom; To promote awareness and financial empowerment of children, and prepare a financially educated generation, aware and aware of the importance of money, and the need to preserve it.

The “Mali” application targets children from 8 to 12 years old, as it helps in providing them with the necessary skills to properly manage their financial resources, away from wrong practices in dealing with money, with a focus on providing them with the right knowledge and trends related to financial culture, as well as Clarify the economic concepts of this category by identifying sources of income, ways of disbursing money, prioritizing expenditures, identifying the concept of planning and purchasing, and the importance of saving by simulating the application of the reality of the child and his attitudes to which he is exposed in his daily life, in which he needs to know the proper methods of dealing With money, taking into account the ethics of financial transactions.

The Saudi Central Bank called on those wishing to find out more information to visit the “Mali” website:

www.malee.sa.