Economic and Ficial Literacy Week Act

The State adopts the policy to develop national consciousness on economic and financial literacy.
The State recognizes the country’s growth potential through a financially literate people who make sound financial decisions, mobilize savings, and contribute ideas on improving economic and financial policies and programs.
The Act uses the annual observance of Economic and Financial Literacy Week to advance economic and financial literacy as a national objective.

The National Economic and Development Authority (NEDA) leads the participation of government agencies and instrumentalities during Economic and Financial Literacy Week.
The NEDA shall plan, initiate, execute, and encourage knowledge-expanding activities on economic and financial literacy.
The NEDA’s activities may be adopted by government agencies and instrumentalities, including local government units (LGUs), government-owned and -controlled corporations (GOCCs), and educational institutions.
The NEDA shall convene relevant agencies, including the Bangko Sentral ng Pilipinas (BSP), Department of Finance (DOF), Department of Education (DepED), Commission on Higher Education (CHED), National Youth Commission (NYC), and Department of the Interior and Local Government (DILG).
Heads of government agencies and instrumentalities—including LGUs, GOCCs, and agencies identified by the NEDA as relevant—are directed to collaborate and cooperate with the NEDA in advocating and implementing activities for the Week.

To improve economic and financial literacy of students and the youth, the Act mandates consciousness-raising and knowledge-expanding activities.
Public and private elementary and secondary schools under DepED must conduct these activities.
State and private colleges and universities under CHED must conduct these activities.
TESDA and the NYC must conduct these activities.
Schools and youth agencies shall conduct the activities in coordination with the NEDA.
The Act requires or includes economic and financial literacy activities such as:
- setting up of literature corners,
- organizing for trainings, and
- conducting basic economic and financial management classes.
DepED is encouraged to assess and revise the high school economics curriculum to make it more age-appropriate, and ensure economic and financial education becomes an integral part of formal learning.

The Philippine Information Agency (PIA) and the Presidential Communications Development and Strategic Planning Office (PCDSPO) must allot airtime for programs.
The PIA and PCDSPO must produce and disseminate printed and online materials for economic and financial literacy awareness and enhancement.

The NEDA, in coordination with the Philippine Economic Society (PES), and in partnership with other academic and professional institutions, leads and encourages private sector and civil society participation.
The PES shall plan, initiate, and encourage knowledge-expanding activities on economic and financial literacy.
Private sector and civil society entities may adopt the knowledge-expanding activities in their respective offices.

Section 7 provides that if any provision or part is held invalid or unconstitutional, the remainder remains valid and subsisting.
Section 8 repeals or modifies all laws, decrees, orders, rules, and regulations, or parts thereof, that are inconsistent with Republic Act No. 10922.
Section 9 provides effectivity fifteen (15) days after publication in the Official Gazette or in a newspaper of general circulation.