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Finance, central bank chiefs track new regional issues via AMRO | Cai U. Ordinario

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Finance ministers and central bank governors in the ASEAN Plus 3 region aim to closely monitor emerging and structural issues facing the region through the ASEAN+3 Macroeconomic Research Office (AMRO). Know more:

In a statement, the ASEAN+3 finance ministers and central governors called on AMRO to focus on these issues through its Strategic Direction 2030 and Medium-term Implementation Plan .

The ASEAN+3 officials also said higher frequency and severity of natural disasters underscored the importance of exerting effort to improve the region’s resilience to potential economic and financial risks. The finance ministers and central bank governors also welcomed the upgrading of DRF as a regular agenda under the ASEAN+3 finance track.

Th We officials also commended the Credit Guarantee and Investment Facility ’s efforts to expand and innovate the issuance of local currency bonds.

 

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