In fact, no less than the United Nations gave an award to the Philippines for its institutional approach to microfinance, which makes it responsive to its e-poor clients and ensures its long-term sustainability. I hope this inspires you to join us in promoting microfinance to alleviate poverty in our country.
Those who turn 32 this year will then be 65 and so are now halfway there. Demographic ageing will have reached its pinnacle in 2040. More than 4 million Dutch people will then be older than 65, working out at a quarter of the population, whereas that age group now makes up less than 15%.