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Money museums as_tools_for_economic_education
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Using a Money Museum as a Tool for Economic
EducationBy Kelvin Kizito Kiyingi
Assistant Director, Communications Department
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IntroductionMABJ, Reuters Fellow
City University of New York
Post Bank, Communication Manager
U.S. Embassy Kampala, Information Assistant
Bank of Uganda, Assistant Director, Communications
Department
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Outline Background
Structure and Management
Role of the Museum
Activities
Challenges
Way Forward
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BackgroundIt helps central bank relate closely with the public.
The C. N Kikonyogo Money Museum of Bank of Uganda was officially opened on 15th August 2006 during celebrations to mark 40 years of the bank.
Though relatively young, the C.N Money Museum has been able launch a few programs aimed at the Educating the public about the Central Bank of Uganda .
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Role of Museum To preserve the history of Bank of Uganda as a monetary institution. A Museum is the best way an organization can keep its history alive.
To preserve and display currency as a national heritage
To Educate the public on the roles of Bank of Uganda
Museums are centers of Education.
The Educational role of Museums is at the core of their services to the public.
It is possible to use the Museum as a tool for monetary policy dissemination and financial literacy.
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Structure & Management Communications Department of Bank of Uganda
Under the Information Resource Division
A Section within the Division
Three Units: History of Money, history of
BoU; Roles and functions of BoUS
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Activities of the Museum
The Money Museum reaches out to the Public and Bank of Uganda Staff through a number of programs.
Exhibitions
Free access for the public to visit the Bank Museum and view artifacts
School Visits – seminars/workshops. Outreach programs
Hosting Schools - seminars/workshops.
Universities & Other tertiary institutions - seminars/workshops.
Programs for members of staff
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Activities of the Museum cont’d…
Presentations to school groups.
Role of Bank of Uganda
Monetary Policy
Basics of Financial Literacy
Saving
Investment
Entrepreneurship
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Activities of the Museum cont’d…
Currency Features
Institutions
Business
Community
Schools
Banks
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Activities of the Museum cont’d…
Out reach programs to schools
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We have hosted scholars studying Uganda’s Numismatic heritage.
The Museum has partnered with the Bank’s Research Department to come up with simple ways of explaining monetary policy to the Public.
We record questions from the Public and where possible answer them.
The Museum shows documentaries about the Bank to the Public
Activities of the Museum
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Bank staff
Staff are encouraged to visit the Museum at all times.
The Museum runs a monthly newsletter to inform staff about its activities.
We have also started a staff family program during the holidays.
Activities of the Museum
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Space.
Lack of access
Financial
Lack of awareness
Inadequate Skills
Challenges
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Monetary Policy Forums.
Museum Policy
Changing the Location
Acquiring more space
Making Museum activities part of Financial Literacy
Acquiring skills through attachments
Way Forward
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Introducing Monetary Policy Forums
Acquiring Skills through attachments
Museum Policy Revamping the website
section Creating a virtual museum
linking it to the website
Way Forward Following The Deutch Bundesbank Model
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Questions
04/08/23 16