More efforts are needed to mobilise resources to support the sustainability agenda and digital environment adaptability, said 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 during the Second G20 Finance Ministers’ and Central Bank Governors’ Meeting (Virtual), representing Brunei Darussalam in his capacity as the ASEAN Chair (Finance Track) this year.
The meeting was co-chaired by Italian Minister of Economy and Finance Daniele Franco, and Governor of the Bank of Italy Ignazio Visco, and was attended by finance ministers and central bank governors from the G20 members, heads of international financial institutions and guest countries.
It discussed G20’s policy responses to global challenges which among others include supporting the most vulnerable economies; advancing the international tax agenda; protecting the planet; and updating global financial regulations.
Dato Seri Setia Dr Awang Haji Mohd Amin Liew welcomed the good progress under the G20 finance track since the February meeting and said the updated G20 Action Plan reflects the group’s commitment to navigating international cooperation towards recovery and getting ready for a post-COVID 19 world.
He shared ASEAN priority economic deliverables under the finance track endorsed by the ASEAN finance ministers and central bank governors at their recent meeting.
Dato Seri Setia Dr Awang Haji Mohd Amin Liew acknowledged that the pandemic has created opportunities to strengthen international cooperation on many fronts such as health, trade and finance.
Managing Director of Autoriti Monetari Brunei Darussalam (AMBD) Hajah Rokiah binti Haji Badar was also present, in her capacity as ASEAN chair (Central Bank Track) for 2021.