By maintaining such a momentum, our economy would become more resilient and diversified, thereby enabling us to face whatever new risks that could emerge from an unpredictable global environment. Second, Sri Lanka would need to attract regular capital from outside our shores in order to bridge our current savings/investment gap so as to sustain the over 7% growth momentum.
We would not want to crowd out the other valuable aspects of international regulatory cooperation, including sharing supervisory perspectives on internationally active financial institutions and analyzing latent risks to financial stability.