These meetings are also an opportunity for bankers to make supervisors aware of their individual bank’s implementation plans and progress, and for supervisors to make bankers aware of current supervisory expectations with respect to those banks. Indeed, the meetings we have had to date to discuss the draft NPR have provided us with useful information about how our proposals are being interpreted and perceived.
All of these structural reforms, ramped up vaccine rollout, and enhanced management of COVID-19 risks, support the country’s full recovery. The numbers show the macroeconomic targets in the next two years. Allow me to end with three key points: First, the country’s macroeconomic fundamentals are sound. Second, while uncertainties remain, enhanced health risk management and structural reforms will help sustain economic recovery.