Aazim project on financial awareness will help change Qatari youth, families
Several programmes planned to teach youth not to indulge in consumption and avoid debt; project expected to reduce financial problems among the newly-married
Published: 2 July 2024
QNA/NT Bureau
DOHA: The ambitious project called Aazim launched recently by the Ministry of Social Development and Family (MSDF) to create financial awareness among youth and families will help bring significant changes in Qatari society and create a future that is built on financial stability, QNA reports.
Aazim primarily aims to raise awareness among Qatari families and youth on the significance of prior planning for spending and saving and avoid borrowing to meet sustenance needs.
The project has been widely welcomed by the Qatari society, local Arabic newspapers have reported.
Minister of Social Development and Family H E Maryam bint Ali bin Nasser Al Misnad affirmed that the State of Qatar aspires to build financial awareness through MSDF based on the Islamic values in spending.
The project will dissuade youth and families from indulging in consumption and unnecessary luxuries to build a community that is aware of its ethical duties.
The project intends to transform the entire community members into smart consumers who are aware of their steps to never pursue a multitude of temptations that chiefly target the societies with high income, HE Al Misnad highlighted.
Speaking to Qatar News Agency (QNA), the legal expert at the MSDF Talal Al Emadi said numerous mechanisms and structures will be set to achieve its objective, which will include workshops and training sessions for families and young individuals, especially the newly married, recent graduates, indebted and those facing financial difficulties.
Leveraging social media platforms, it would offer countless e-books, pamphlets and videos that outline the concepts of financial planning and saving. The project is set to design smartphone applications that help families and youth track their expenditures and manage them well.
Al Emadi outlined that the high percentage of divorce cases is commonly observed during the early period of marriage due to numerous reasons, foremost of which are the financial problems between spouses. Therefore, Aazim will design workshops and awareness methods that help these categories and provide them tips of managing their financial life.
He added that financial consultations will be provided through financial advisors to whom families and young individuals and the new project will offer examples of real success stories for individuals and families who have succeeded in improving their financial situation through proper planning and saving.
The program is part of a broader strategy through which MSDF works to transform Qatari society into a productive community that rejects dependency and irresponsible consumption.
