Our aggregate demand management is working. In August and December of last year the Minister of Finance introduced a major programme of fiscal cuts, aimed to arrest the slide in foreign exchange reserves which began to appear in May last year. Foreign reserves have stabilised, and since the beginning of this year we have observed the normal daily pattern of foreign reserve movements.
In addition, financial education can help provide individuals with the knowledge necessary to create household budgets, initiate savings plans, manage debt, and make strategic investment decisions for their retirement or for their children's education. Being educated financially also enables individuals to better appreciate the possible contingencies and save for a rainy day, in an appropriate manner.