Concluding Remarks Ladies and Gentlemen,  Some of these policies may be perceived  I hope the policies and the outlook  as painful in the short run, but they are  unveiled in this Road Map will be a  meant to strengthen medium-term  catalyst in planning your activities and  stability of the economy. This is crucial  formulating relevant policies in the  for the long-term prosperity of all Sri  period ahead. At the same time, I would  Lankans. like to mention that we would not be hesitant to introduce new policies and plans depending on the requirements of the economy and as contingencies arise. Such initiatives would be adopted with necessary consultation and will be clearly communicated to the stakeholders. Now, let me conclude this statement by emphasising some important points. As an agent for stability, the Central Bank would continue to play its role through clear and consistent policies to ensure overall macroeconomic stability in the country. The frameworks that are being developed are intended to support this. Our role in relation to the country’s economic performance is primarily as a facilitator. As a facilitator, we would  It is clear that stability in the economy is  continue to support the new growth  broadly on track as evident in the  model of the government, which  improving macro-fundamentals. As the  focuses on the central role of the private  monetary authority and the apex  sector.
Accordingly, we have already revisited the existing regulatory framework of primary dealers and based on those findings, we will introduce an appropriate regulatory framework for primary dealers in line with the latest developments in the  data by customising the existing FInNet Data Reporting System of the Central Bank; (2) expanding the statistical analysis to identify system-wide vulnerabilities and threats to the financial stability from the build-up of risks and interconnectedness of financial institutions; and (3) improving the early warning framework with a focus on stress tests and financial system stability indicators, to identify and assess systemic risks and vulnerabilities in order to ensure formulation and implementation of proactive macroprudential policies to maintain financial stability. market by benchmarking the global  The Central Bank has continued to take  standards. We also expect to establish  measures to strengthen the payment  and implement a restructuring  and settlement infrastructure of the  mechanism for distressed primary  country and to develop an efficient and  dealers. stable payment and settlement system,  The Macroprudential Surveillance Department (MSD) of the Central Bank  capable of catering to the growing payment needs. is being strengthened to keep a close  Continuing to discharge this important  tab on the developments in the financial  function, we expect to improve the  system as a whole. In this regard, we  national payment system to promote  expect to strengthen the institutional  electronic payments to establish a less-  framework for macroprudential  cash dependent society.