A National Financial Education Framework was developed and approved by the Government of Tanzania in 2011. The development of the Framework was commissioned by the Bank of Tanzania with support from the Financial Sector Deepening Trust (FSDT), Tanzania. The Framework comprised several components, namely: an organisational structure and stakeholder strategy; a high-level public financial education consumer strategy; an implementation plan and a monitoring and evaluation framework. It also identified the need for setting a national financial capability baseline against which progress in the levels of financial capability could be measured over time. The Bank of Tanzania therefore commissioned a national financial capability baseline survey (hereafter called “Baseline”) with support from the FSDT. This report contains the key findings of the Baseline and sets out implications for financial education in Tanzania
