Development of financial literacy in Bulgaria in the context of European public policies

Абстракт

The paper examines the Financial competence framework for adults in the Republic of Bulgaria approved by the Council of Ministers in early May 2023. It was developed based on the 2022 joint Financial competence framework for adults of the European Union and the International Financial Education Network of the Organisation for Economic Co-operation and Development and is in implementation of the National Financial Literacy Strategy and Action Plan (2021 - 2025). The main objective of the paper is to establish the extent to which the learning outcomes at the end of secondary education reflect the conceptual understanding of the financial competence set out in the European Framework, as well as to identify potential gaps in specific thematic areas. For this purpose, the existing curricula for general educational training in technology and entrepreneurship and for profiled training in entrepreneurship for upper secondary level of education were examined. The results of the analysis can serve as a starting point for the development of curricula and the creation of appropriate educational content for adults to compensate for the identified gaps. The research methods used include a desk study, a comparative analysis and a mapping.