This approach to pension financing was also confirmed by the experience with the Social Pension Fund. The latter was conceived in 1970 as a counter-cyclical instrument. For as long as the Fund only received contributions there were no major policy issues, but no concrete proposal for a supplementary pension financed by the Social Pension Fund was ever tabled.
The workshop will offer the pertinent issues of financial integrity which completes the architecture of financial inclusion. The importance of financial inclusion is now critically clear. Indeed, there has been mounting evidence that access to financial services is a tool to fight poverty sustainably. Access to affordable and sustainable financial services enables the poor to save and accumulate capital for investment.