The same banking account can also be used by State Governments to provide social security services like health and calamity insurance under various schemes for the disadvantaged. It is often felt that some contribution should be made by the beneficiary so that he has some stake.
A lot has happened since then in Fiji and the world. Back then everyone thought that the sub prime problem was virtually over perhaps with a short tail. How very wrong we were. As you know, the crisis has deepened and widened beyond anyone’s imagination. What is happening around us is unprecedented.