I assure you that the Reserve Bank will do whatever it can to ensure the development of the capital markets, and will play a pivotal role in public education and investor awareness programs to foster confidence in the markets. We will also spearhead initiatives in partnership with other agencies including Government to develop the capital market.
Similarly, we will dialogue with fellow regulators and find amicable solutions to areas that are deemed restrictive to the capital markets realising its full potential. Our commitment to creating an enabling environment for businesses in the capital markets is evident in the reduced corporate tax of 20% incentive for companies that list on SPSE and with minimum 40 percent local equity shareholding.