Following an indept discussion it was agreed that there should be a reform of the World Bank and IMF to ensure that there is a recovery from the economic financial crises, structural reforms to support developing countries in order for them to gain access to capital. Governments as initiators of policy need to develop a system which covers both developing and developed economies. Parliamentarians need to pass legislation in terms of governance and financial literacy so that we can take care of our finances at home and within Government. We need to put mechanisms in place to cope with the challenges.