The sixth ASEAN Finance Ministers and Central Bank Governors’ Meeting highlighted the need to step up technological application and digital transformation in financial-banking services to increase resilience to shocks similar to COVID-19.
Regional and financial co-operation are crucial to strengthen the coordination and respond to the impacts of the COVID-19 pandemic and support a sustained economic recovery.
Finance ministers and central bank governors from ASEAN+3 economies reaffirmed their commitment to promote regional financial co-operation, during the annual meeting of the Asian Development Bank (ADB) in Manila on Friday.