DepEd re-launches Tulong Barya para sa

548.55 was
generated. The participating schools raised P2,747,116.94. Owing to the amount of
coins collected, the BSP saved P8.2 million for the cost of minting said amount of
coins brought back to circulation.
The BSP in turn donated the P8.2 million savings to DepEd in the form of 510 units
of computers distributed in different provinces.
Under the renewed agreement between BSP and DepEd, the total project cost
amounts to P151.5 million. This is broken down into P66 million for target coins for
circulation, P80 million for savings from minting the coins to be circulated and P5.5
million for the printing of Financial Literacy Guide for Teachers.
Other projects included in the agreement involve a total of P383.7 million. This
includes the delivery cost in the distribution of the Teachers Guide with P3.7 million,
airtime media advocacy worth P20 million, and the printing of a Financial Literacy
Workbook for 12 million students amounting to P360 million.

The financial literacy project aims to increase savings especially among “small”
savers, which include the public school teachers and the students. The BSP and
DepEd are joined by the Ateneo de Manila University’s Economic Reform and
Advocacy to develop teaching guides and teachers training.

Under the literacy project, financial and economic literacy is provided to public
elementary teachers. It integrates the concept of “savings” in the DepEd’s
elementary education curriculum. These are in the subjects on Sibika at Kultura,
Heyograpiya, Kasaysayan at Sibika or SK-HKS, Edukasyong Pagpapakatao or EP
and Edukasyong Pantahanan at Pangkabuhayan or EPP.
There are already 42 teaching guides for financial literacy that have been developed
for SK-HKS, 39 for EP and 21 for EPP.