In still other cases, we may need to look to Congress to take action. I want to spend the rest of my time this morning highlighting those areas that hold the greatest promise to reduce undue regulatory burden, especially for our community banks.
Progress of microfinance in Fiji As we all know, microfinance has been recognized in many developing countries around the world as a means to alleviate poverty and generate employment. Microfinance contributes to the empowerment of individuals, the development of communities and of the economy. It is for this reason that we have all become so passionate about financial inclusion and microfinance.