Developments in financial inclusion and microfinance Ladies and gentlemen, as you may be aware, in 2009 a National Microfinance Workshop was organized by the Reserve Bank and supported by the Pacific Financial Inclusion Programme (PFIP).
A key outcome at this workshop was the commitment by participants to a common vision of “…reaching at least 150,000 unbanked citizens through a coordinated national effort by the year 2014”. To promote this vision, the National Financial Inclusion Taskforce was established and given the job to monitor and drive strategies in achieving financial inclusion goals.