But, eventually, the potential investors and creditors have to believe that: -  the political and security shocks in the region and inside the country are behind us,  -  the economy accelerates its growth, which over the recent years is not below 4% real GDP growth,  -  we preserve high macro-economic stability that implies exceptionally disciplined monetary and fiscal policies, which in turn result in low inflation, stable exchange rate and foreign exchange market, sustainable trade and current account deficits and strictly controlled public debt and that these policies for maintaining macro-economic stability will be further conducted, as a prerequisite for good business,  -  the price stability policy will be further implemented,  -  the growth will accelerate registering rates higher than before,  -  serious structural reforms are underway under the leadership of the government in cooperation with the World Bank and the IMF. The tax policy has undergone reforms by reducing the tax burden. The administration has undergone reforms for increasing its capacity. Additional reforms in the financial sector and improvement of the financial market operations have been underway. There are reforms in the cadastre. The conditions for foreign direct investments have been improving. The process of economy deregulation has been underway. The judiciary reforms have improved the efficiency in the contract execution. The ownership rights have been protected. The bank soundness and safety have been strengthening. The depositors feel that and repay with over 20% deposit growth over the last several years.
We will continue to work closely with Bank Negara Malaysia and Euroclear Bank to promote the platform to other central banks and securities settlement systems in the region and to implement additional services to the platform to meet evolving market needs. Thank you. 2  BIS central bankers’ speeches