One component of this program is a financial literacy session for microfinance clients and beneficiaries of the government’s conditional cash transfer (CCT) program, many of whom are unbanked. The sessions are designed to enhance their capacity to manage resources and make wise financial decisions that would eventually benefit their household, their community, and eventually the larger economy.
As announced, this will be based on a thorough analysis and an open-minded approach. It will have to assess whether there are aspects that require an adjustment, 4  given that, in a context of profound structural change in the world and in the euro area, the challenges connected with the current low inflation levels are different from those historically posed by high inflation.