ASEAN financial stability, resilience highlighted

Lyna Mohamad

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah attended the International Monetary Fund (IMF) Roundtable meeting in his capacity as the 2021 ASEAN Chair (Finance Track), an event on the sidelines of the virtual Annual IMF-World Bank Meetings.

The minister delivered a statement emphasising the need to strengthen international cooperation to ensure vaccination for all, the importance of IMF’s surveillance functions to support ASEAN in achieving financial stability and resilience in the region and to prepare for the future, putting in place necessary ecosystems, infrastructures and connectivity which require large investments that call for partnership with the private sectors and multilateral
development banks.

He also extended appreciation to IMF’s efforts in securing recovery and ensure resilient international financial architectures, and for the IMF’s support to ASEAN throughout this year.

Brunei Darussalam Central Bank (BDCB) Managing Director Hajah Rokiah binti Haji
Badar and Permanent Secretary (Economy) at the Ministry of Finance and Economy (MoFE) Dr Hajah May Fa’ezah binti Haji Ahmad Ariffin were also present.

Chaired by IMF Managing Director Kristalina Georgieva, the roundtable was attended by the ASEAN finance ministers, ASEAN central bank governors and representatives from ASEAN member states where deliberations at the meeting focussed on the global economic and financial outlooks and the implications to the ASEAN region.

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah attends the virtual meeting. PHOTO: MOFE