Those are in my domain and very dear to me. The Bank, in collaboration with the Pacific Financial Inclusion Program, held a two day workshop on the 22nd and 23rd of August to discuss the Financial Service Sector Assessment report. The report identified gaps and issues as to why 85% of the population continues to be unbanked.
It is also a strong concern that price and wage-setting behaviour could add to inflationary pressures. The pricing power of firms, particularly in market segments with low competition, such as parts of the services sector, may prove stronger than currently expected.