Welcomes Step towards Sustainable Economic Growth

Several steps need to be implemented towards achieving a resilient, inclusive and sustainable economic growth, namely leveraging on technology, mobilising private capital for infrastructure and green financing, and improving human capital. The matter was highlighted during the 24th ASEAN Plus Three Finance Ministers' and Central Bank Governors' Meeting, AFMGM Plus Three which was held virtually yesterday. The meeting was attended by representatives from ASEAN Member States, People's Republic of China, Japan, and Republic of Korea. Co-chairing the meeting were Dato Seri Paduka Awang Haji Ahmaddin bin Haji Abd Rahman, Deputy Minister of Finance and Economy for Fiscal, Dayang Hajah Rokiah binti Haji Badar, Managing Director of Autoriti Monetari Brunei Darussalam, AMBD, His Excellency Nam-Ki Hong, Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, and His Excellency Juyeol Lee, Governor of the Bank of Korea.

Brunei Darussalam was represented by Dayang Suraya binti Haji Jaidin, Permanent Secretary for Performance and Corporate at the Ministry of Finance and Economy, and Dayang Hajah Noorrafidah binti Sulaiman, Deputy Managing Director of AMBD. During the discussions on the ASEAN Plus Three financial cooperation, the Ministers and Governors welcomed the ongoing collaboration, including through the Chiang Mai Initiative Multilateralisation; ASEAN Plus Three Macroeconomic Research Office; Asian Bond Markets Initiative; and Strategic Directions of the ASEAN Plus Three Finance Process. Joint Statement of the 24th AFMGM Plus Three was approved by Finance Ministers and Central Bank Governors.

Source: Radio Television Brunei