To this end, a range of policies, strategies, products and technology-enabled delivery channels have been rolled-out by the public and private sectors. Ensuring the success of these endeavours is key, as financial inclusion is a vital component of sustained inclusive financial sector development, thus contributing significantly to inclusive growth and poverty reduction.
The marginally stronger growth rate in 2011 (estimated at just over 3 percent) compared to 2010 (2.9 per cent) was due to better outcomes in tertiary sectors, particularly trade, catering and accommodation, transport, storage and communications, and financial services, underpinned by sustained growth in government spending. How did we respond to the crisis?