The Financial Competency Matrix for Adults defines the core competencies every adult needs to make informed financial decisions, it provides a framework to support effective policymaking, monitoring and assessment.

The Financial Competency Matrix for Adults has played an important role in the development and measurement of financial education policies in Armenia. For example, it has been used by the CBA to develop financial education materials for different target groups, including youth, women and villagers. This policy framework, which can be applied in countries worldwide, is based on the Financial Capability Barometer developed by the Central Bank of Armenia (CBA) and funded by AFI in 2017, with contributions from the Consumer Empowerment and Market Conduct (CEMC) Working Group through technical feedback. Download this report or read it in full screen.