In the context of Europe and the global economy, flexibility in the conditions governing the supply of labour is necessary in order to enhance competitiveness; it can help support and increase employment both in large firms and in small and medium-sized enterprises.
In November of that year the Reserve Bank, together with the Pacific Financial Inclusion Programme, hosted the first National Microfinance Workshop, which brought together many of the key stakeholders who were to play important roles in contributing to, and driving, financial inclusion.