Joint Statement of the 10th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM)

August 25, 2023

1. The 10th Joint Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM) was convened under the co-chairmanship of H.E. Sri Mulyani Indrawati Finance Minister, and H.E. Perry Warjiyo, Governor of Bank Indonesia. This is the second meeting under Indonesia’s ASEAN Chairmanship in 2023.

ASEAN Chair 2023 Priorities

 

2. The Meeting commended Indonesia’s significant progress in its 2023 Priority Economic Deliverables (PEDs), delivering more emphasis on four major themes: (i) finance and health cooperation; (ii) food security; (iii) local currency transactions; and (iv) regional payment connectivity. The Meeting further reiterated its commitment to maintain financial stability and promote deeper financial integration in ASEAN. The Meeting looked forward to the completion of the remaining PEDs before the end of the year.