The Maldives Monetary Authority (MMA) has announced the launch of the Global Money Week Art Competition, inviting young participants across the Maldives to explore financial literacy concepts through creative expression while contributing to broader national efforts aimed at strengthening financial awareness among future generations. The initiative forms part of the country’s participation in Global Money Week, an international campaign that encourages young people to develop sound financial habits and gain a deeper understanding of money management from an early age.
According to MMA, initiatives of this nature provide meaningful opportunities for students to engage with money-related themes in an interactive and educational manner. By translating financial concepts into artistic creations, participants are encouraged to reflect on the role of money in society while producing thought-provoking works that inspire peers and communities to engage in discussions about responsible financial decision-making. The competition seeks to combine creativity with education, allowing students to learn complex financial ideas through visual storytelling and imagination.
The competition introduces three thematic areas designed to encourage diverse interpretations and learning perspectives. Under the theme “My Money Design,” participants are invited to present their vision of an ideal Maldivian currency, encouraging innovation and cultural representation through design. The “History of Money” theme focuses on the evolution of what Maldivians historically used as money, offering students an opportunity to explore the nation’s economic heritage and traditional trade practices. The third theme, “Financial Empowerment,” highlights how access to financial services can strengthen island communities, supporting economic participation, entrepreneurship, and inclusive growth across the archipelago.
To ensure broad participation across age groups, the competition has been divided into four eligibility categories based on school grade levels: Category One for students in grades 1 to 3, Category Two for grades 4 to 6, Category Three for grades 7 to 8, and Category Four for grades 9 to 10. This structure enables students at different stages of learning to participate in ways that reflect their understanding and creative abilities while maintaining fair evaluation standards.
Submissions will be assessed using a comprehensive evaluation framework that considers creativity and originality, the strength of impact and the artist’s message, relevance to the selected theme, and overall visual appeal. MMA noted that these criteria are intended to encourage participants to balance artistic quality with meaningful communication of financial concepts, reinforcing the educational objectives of the programme.
Winners will be recognised across all categories, with first-place recipients receiving a cash prize of MVR 3,000 along with a certificate, second-place winners awarded MVR 2,000 and a certificate, and third-place winners receiving MVR 1,000 and a certificate. Beyond the awards, MMA highlighted that selected artworks may also be published or featured in national campaigns, digital platforms, and financial literacy materials, with full credit given to the young artists. This opportunity allows participants’ work to reach wider audiences while contributing to national awareness initiatives that promote responsible financial practices.
Through the Global Money Week Art Competition, MMA continues to support youth engagement in financial education by encouraging creativity, critical thinking, and awareness of economic concepts that are increasingly important in a rapidly evolving financial landscape. The initiative reflects ongoing efforts to nurture financially informed citizens who are equipped to make smart decisions and contribute positively to the sustainable development of Maldivian communities.
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