First, the fiscal framework has been strengthened since the start of the crisis to improve fiscal discipline and restore fiscal sustainability in euro area Member States. In particular, fiscal surveillance has been enlarged and fiscal governance has been enhanced by procedural steps to nearly automatic sanctions. We expect that no further holes will be punctured in this strengthened SGP. There are encouraging signs.
Part of this exclusion has been due to costs and physical distance. These twin problems have been solved by PESA PAP products.   Supporting Vision 2030: The rolling out of such innovative products will bring about immense contribution in deepening the financial sector. It is through financial deepening that a majority of the Kenyan population will access financial services easily and affordably.