I must mention that these consultations were well attended and stakeholders participated actively, providing relevant comments. In 2009, the Central Bank formed a committee made up of representatives of the League, the Association of Presidents, the Ministry of Finance and the Commissioner’s Office to finalize the various policy provisions for the Draft Bill as well as amendments to the Cooperative Societies Act.
In this regard, the Bank is working with Financial Sector  Deepening (FSD) Africa to implement a credit market diagnostic project. The project will assist in identifying constraints to credit delivery and propose measures to overcome them. This will complement efforts towards expanding the scope of financial access to both the banked and unbanked in society. 11.