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Key Points

The final stage of the International Olympiad on Financial Security has kicked off at Siberian Federal University. It brings together around 600 schoolchildren and students from 40 countries, including BRICS, SCO, and CIS member states. Russian President Vladimir Putin welcomed the participants, praising the event's role in unlocking young people's potential. Over five days, attendees will face competition challenges, attend expert lectures, and enjoy a rich cultural program before the winners are announced.

Key Points: 600 Youth from 40 Countries Compete in Financial Security Olympiad

  • Olympiad aims to boost youth financial and legal literacy against digital threats
  • Participants from Latin America, Middle East, and Africa join CIS and BRICS students
  • Event includes masterclasses, expert lectures, and a cultural program with Russian folk games
  • Putin endorsed the initiative for expanding its global reach and fostering young talent
  • Siberian weather surprises international students who feel warmly welcomed despite the cold
2 min read

Youth from 40 countries gather in Krasnoyarsk for Financial Security Olympiad

Students from BRICS, SCO, and CIS nations gather in Krasnoyarsk for the International Olympiad on Financial Security, backed by President Putin.

"It is gratifying that the Olympiad has become part of the systemic, multi-faceted work of the state and society to improve access to modern knowledge and unlock the creative potential of the younger generation. - Vladimir Putin"

Moscow, October 2

The final stage of the International Olympiad on Financial Security has officially opened at the Siberian Federal University, welcoming around 600 schoolchildren and students from 40 countries, including CIS, BRICS and SCO states, reports sibnovosti.ru, a partner of TV BRICS.

The opening ceremony featured a panel discussion on international cooperation in financial security, marking the start of the intensive five-day programme. The Olympiad aims to enhance young people's information, financial and legal literacy.

Students from Latin America, including Bolivia, Venezuela, Ecuador and Uruguay, are participating alongside finalists from the Middle East, the UAE, Oman, Bahrain and Jordan, and African countries such as Algeria, Egypt, Mauritania, Namibia and Ethiopia, as reported by TV BRICS.

The participants were welcomed by Russian President Vladimir Putin, who praised the initiative for fostering young talent.

"It is gratifying that the Olympiad has become part of the systemic, multi-faceted work of the state and society to improve access to modern knowledge and unlock the creative potential of the younger generation. Every year it expands its geography and representation, serving as a key event of the International Movement on Financial Security," Putin said.

In addition to competition challenges, participants will attend masterclasses, roundtables and lectures by leading experts. The cultural programme includes tours of the university campus, a festival of Russian folk games and a phygital chess tournament.

Foreign participants expressed admiration for the event's organisation. Islam Abdulahadov from Kazakhstan said, "This is my first experience, but everything here is at a high level. Russia has prepared very well, and I am confident I can achieve a prize place to represent my country with dignity."

Some participants were amused by the sudden change in Siberian weather. Chinese students commented, "When we arrived, it was almost summer, yesterday autumn came, and today it feels like winter. But despite this, we feel very warm at heart."

The Olympiad will conclude on October 3 with a closing ceremony and the awarding of winners. Since its inception in 2021, the International Olympiad on Financial Security has played a pivotal role in improving the financial and legal literacy of youth while addressing modern digital threats.

- ANI

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Reader Comments

R
Rohit P
Great to see BRICS countries collaborating on youth education. Financial security is crucial for developing economies like ours. Hope Indian students are participating and learning from this experience!
A
Ananya R
The Siberian weather comments made me smile! 😄 Reminds me of our sudden monsoon showers in India. Good to see such a diverse participation from 40 countries. Education truly brings the world together.
V
Vikram M
While the initiative is good, I hope the focus remains purely on education and financial literacy rather than political agendas. International cooperation in education should be neutral and benefit all participants equally.
K
Kavya N
Phygital chess tournament sounds interesting! Combining physical and digital elements is the future. Our Indian education system should incorporate more such innovative approaches to make learning engaging for young minds.
S
Siddharth J
Financial literacy programs like these are much needed in India too. With so many digital payment scams and financial frauds happening, our youth need to be better prepared. Kudos to the organizers! 🙏

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