The unwinding of forced savings, in turn, depends fundamentally on the marginal propensity of consumption of those who have accumulated these savings in the first place.
To support the work of the Taskforce, three working groups were also established to focus on financial literacy, statistics and microfinance. A follow up workshop was held in March this year where stakeholders took stock of what had been achieved to date. More importantly, forward plans were reviewed with the 2014 target in mind.