ASAHIKAWA, JAPAN, December 12, 2017 – The Executive Committee, the highest decision making body of AMRO composed of Finance and Central Bank Deputies from ASEAN+3 member authorities, convened a meeting on December 11 and 12 in Asahikawa, Japan. AMRO Director Dr. Junhong Chang, joined by Chief Economist Dr. Hoe Ee Khor, Deputy Directors Mr. Byungseo Yoo and Mr. Yasuto Watanabe, attended the meeting and presented AMRO’s policy and organizational issues. After a fruitful discussion, the EC approved AMRO’s Organizational Plan for 2018 and several important policy papers to enhance AMRO’s operational effectiveness.
As the international organization supporting the implementation of Chiang Mai Initiative Multilateralisation (CMIM), AMRO also participated in and provided inputs to the discussion on CMIM-related issues at the ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3), which is generally held in conjunction with the AMRO EC’s meeting. AMRO also made presentations on the global and regional macroeconomic outlook as well as its latest assessments on members’ macroeconomic situations to the ASEAN+3 Deputies at the informal discussion.
AMRO’s Executive Committee discusses AMRO’s organizational issues at the meeting on December 12, 2017, in Asahikawa, Japan.
ASEAN+3 Macroeconomic Research Office (AMRO) was established to contribute to securing the economic and financial stability of the ASEAN+3 region, which include 10 ASEAN countries and China (including Hong Kong), Japan, and Korea. AMRO fulfils its mandate by conducting macroeconomic surveillance, supporting the implementation of the regional financial arrangements, the Chiang Mai Initiative Multilateralisation (CMIM), and providing technical assistance to the members.