The Bank of the Lao reported on Deputy Governor Soulisak Thamnouvong’s participation in the 32nd ASEAN Senior Level Committee meeting, where regional central banks discussed changing global and regional macroeconomic conditions, artificial intelligence in finance and banking, and policy challenges arising from capital account liberalization. The meeting was the committee’s last before its integration into the ASEAN central bank deputy governors’ meeting framework. Participants adopted an analysis of the challenges in designing measures to preserve macroeconomic stability as capital accounts are liberalized, intended to guide future regional cooperation. Building on the committee’s earlier focus on ASEAN capital market development, Thamnouvong promoted sustainable finance and green bonds, citing Lao PDR’s first green bond to support a nationwide electric vehicle charging network and the clean energy transition. The new ASEAN central banking cooperation structure is scheduled to convene in Singapore in 2027 and align with the ASEAN cooperation vision for 2026-2030.
2026-09-14Bank of the Lao
Bank of the Lao reports ASEAN senior committee agreement on macroeconomic challenges and 2027 governance transition
The Bank of the Lao reported that ASEAN central banks discussed macroeconomic risks, artificial intelligence in finance and policy challenges linked to capital account liberalization. The committee adopted an analysis to guide future cooperation and addressed sustainable capital markets, including Lao PDR’s first green bond. Its work will move into a new ASEAN central bank deputy governors’ framework in 2027.