The Central Bank of the Philippines highlighted outcomes from the 13th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting, where ASEAN members endorsed deliverables to deepen capital markets, expand regional payments connectivity, and promote financial health, and adopted the ASEAN Finance Sectoral Plan 2026–2030. The meeting stressed vigilance against risks linked to volatile capital flows, climate-related shocks, and geoeconomic fragmentation, and committed member states to deeper cooperation in sustainable finance, disaster risk financing, regulatory and supervisory alignment, and digital financial innovation. Milestones referenced include completion of the ASEAN Taxonomy’s technical screening criteria and the launch of the ASEAN Capital Markets Forum Action Plan 2026–2028, alongside encouragement for stronger private sector participation in infrastructure financing, digital innovation, sustainable finance, and capacity-building initiatives. Officials noted the Philippines hosted the meeting from 7 to 10 April 2026 and looked ahead to Singapore’s ASEAN chairmanship in 2027.
Central Bank of the Philippines 2026-04-15
Central Bank of the Philippines joins ASEAN ministers and governors in adopting the ASEAN Finance Sectoral Plan 2026–2030 and endorsing regional payments and capital market deliverables
The Central Bank of the Philippines reported that ASEAN finance ministers and central bank governors endorsed measures to deepen capital markets, expand regional payments connectivity, promote financial health, and adopted the ASEAN Finance Sectoral Plan 2026–2030. The meeting underscored vigilance over risks from volatile capital flows, climate-related shocks, and geoeconomic fragmentation, and committed to enhanced cooperation in sustainable finance, disaster risk financing, regulatory alignment, and digital financial innovation, including completion of the ASEAN Taxonomy’s technical screening criteria and launch of the ASEAN Capital Markets Forum Action Plan.