For the Reserve Bank, the biggest challenge was to get a proper appreciation of the scope of this rather technical project which none of us had any prior experience in. In addition, we lost the lead manager of the project program half way through. Establishing the infrastructure like secure communication channels was not that easy as you may appreciate in Fiji.
Lastly, we had to negotiate the difficult issue of cost sharing with our commercial banks colleagues. I am extremely glad that we were able to overcome all these hurdles. The project was initially expected to go live late last year. But due to these hurdles it is delayed by about one year.