Over the medium term, the government aims to (1) achieve a 7 to 8 percent growth in the country's economic output beginning 2011, with a minimum of 5 percent growth annually for six years, (2) increase per capita income to US$3,000 over the six-year period and (3) reduce poverty incidence by 10 percent per year.
In line with the national agenda and with Plan targets, a broad range of financial sector reforms will be pursued to further deepen the financial system and enable it to contribute to sustainable and inclusive growth. This shall be achieved by effectively mobilizing and intermediating funds within a framework of inclusive finance to best address the evolving needs of all constituents. Key reforms will focus on: (a) promoting savings generation at the regional level but institutionalizing deployment of resources at national level; (b) developing an enabling environment for long-term savings; (c) strengthening the governance framework of the financial system in line with international standards and best practices, and (d) establishing a strong legal framework for financial sector development.