In the last 10 years or so, there has been a strong interest in the area of financial literacy and there have been initiatives taken in government and private sectors to improve it in many countries, particularly high income countries. Currently, the Bank is overseeing a World Bank led research project to measure financial capability in selected communities in the country.
As the economic recovery gathers strength and the riskiness of loans gradually diminishes, the banking system will be able to offer greater support to the economy, helping in turn to stimulate growth.