Financial literacy game PomPak introduced

KARACHI: Pakistan has introduced the country’s first e-learning financial literacy game, PomPak, developed under the central bank’s project.

PomPak utilises a story-based narrative by following the journey of two families setting up a small entrepreneurial venture. This helps to keep the players engaged while effectively inculcating ethical behavior and financial skills, such as budgeting, saving, and banking.

PomPak is available in both English and Urdu for three age groups: children (9-12); adolescents (13-17); and youth (18-29).

Anyone who completes the course is awarded a certificate of financial literacy jointly from National Institute of Banking and Finance (NIBAF) and National Financial Literacy Program for Youth (NFLP-Y). It can be played on a desktop computer or can be downloaded from Google Play and the App Store for other devices.

NIBAF – a subsidiary of the State Bank of Pakistan (SBP) and a fintech JazzCash signed an agreement for increasing financial literacy among youth.

The two parties aim to jointly promote financial literacy through the engaging and interactive game.

Addressing the signing ceremony, Managing Director NIBAF Riaz Nazarali stressed the role of increased financial literacy for promoting financial inclusion in Pakistan.

Under the guidance of SBP, NIBAF is implementing national financial literacy program for youth to impart essential financial education to Pakistani youth and school going children.

In the last three years, the project has successfully reached more than 45 districts of Pakistan making over 750,000 financial literate in the category.

“Being Pakistan’s first e-learning financial literacy game, PomPak has revolutionised the way financial education is delivered,” Nazarali said.