CBM Governor attends ASEAN financial meetings in Laos

As Laos hosted the 20th ASEAN Central Bank Governors’ Meeting (ACGM), 11th ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM), and associated meetings in Luang Prabang yesterday, Myanmar’s delegation led by Central Bank of Myanmar Governor Daw Than Than Swe attended them.
At the ACGM, the Laos Central Bank Governor presented Laos’ priorities as ASEAN’s chair in 2024. The chairperson of the ASEAN Central Bank Deputies Meeting clarified the latest developments on ASEAN financial integration under the ASEAN Senior Level Committee and ASEAN Swap Arrangement. Central Bank Governors exchanged their thoughts.
In the afternoon, the AEAN financial ministers, Central Bank Governors, and international monetary organizations met. Representatives from the Asian Development Bank discussed finding solutions for regional problems, the World Bank talked about the economic potentials of the East Asia and Pacific regions, the International Monetary Fund elaborated on the world economy and regional economies’ principles, and the ASEAN+3 Macroeconomic Research Office shared ASEAN+3’s economic forecast. The attendees offered their advice and exchanged views.
Subsequently, the 11th AFMGM commenced. Laos’ Finance Minister presented the country’s priorities as ASEAN chair this year, as well as recent developments of the AEC Blueprint 2025.
The Co-chairperson of the ASEAN Financial and Central Bank Deputies Meeting presented the Roadmap for Monetary and Financial Integration of ASEAN, ASEAN Sustainable Finance Cooperation, and ASEAN financial integration working committees’ plans for 2024-25.
After discussions, the joint statement of the 11th AFMGM was approved. The 12th AFMGM is scheduled in Malaysia in 2025. — MNA/NT