The Bank of the Lao PDR reported on its participation in the 17th SEACEN-BIS High-level Seminar and the 24th SEACEN Executive Committee (EXCO) annual meeting held in South Korea on 25–26 September 2025, covering policy discussions on central banking amid heightened global uncertainty and governance discussions on SEACEN’s work programme. Chaired by Bank of Korea Deputy Governor Park Jongwoo, the seminar was conducted as panel discussions with participants from SEACEN member central banks and invited institutions including the Bank for International Settlements, the Bank of England, the Japan External Trade Organization, the People’s Bank of China, the Bank of Korea and the SEACEN Centre. Exchanges focused on the sources and macro-financial impacts of rising uncertainty, including financial and exchange-rate volatility, supply-chain disruptions, cyber risks and trade policy, alongside possible central bank responses and the need to strengthen domestic operational frameworks and regional cooperation; the discussions cited average global GDP growth of 5.7% in the second quarter of 2025. The EXCO meeting reviewed SEACEN Centre operations in 2025 and the direction for 2026, including activity plans, budget, seminars and training, research work and a medium-term strategic plan for 2026–2030. Outcomes from the EXCO meeting are to be reported to the SEACEN Board of Governors meeting scheduled for October 2025 in Indonesia for endorsement.
Bank of the Lao 2025-09-26
Bank of the Lao PDR attends SEACEN-BIS seminar on heightened global uncertainty and SEACEN EXCO meeting on 2025 work and 2026 planning
The Bank of the Lao PDR attended the 17th SEACEN-BIS High-level Seminar and 24th SEACEN Executive Committee meeting in South Korea, discussing central banking policy amid global uncertainty. Topics included financial volatility, supply-chain disruptions, and cyber risks, focusing on strengthening domestic frameworks and regional cooperation. The EXCO meeting reviewed SEACEN Centre operations and strategic plans for 2026–2030, with outcomes to be presented to the SEACEN Board of Governors in October 2025.