The Central Bank of the Philippines announced that Monetary Board Member Rosalia V. De Leon co-chaired the 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting on 03 May 2026 in Samarkand, Uzbekistan, where ASEAN+3 central banks and finance ministries reaffirmed their commitment to regional cooperation amid growing global economic challenges. The meeting covered key regional financial stability and market-development work, with the outcome set out in a joint statement. Senior officials reviewed ongoing initiatives under the Chiang Mai Initiative Multilateralization, the macroeconomic surveillance and analytical work of the ASEAN+3 Macroeconomic Research Office, progress under the Asian Bond Markets Initiative, and efforts to advance cross-border digital payments. De Leon also led, with Bank of Japan Deputy Governor Ryozo Himino, the inaugural Central Banking Dialogue, which focused on cross-border payments and regional payment connectivity. Participants highlighted efficient and interoperable payment systems as important for trade, remittances, financial inclusion and financial stability.
Central Bank of the Philippines 2026-05-11
Central Bank of the Philippines co-chairs ASEAN+3 meeting reaffirming regional financial cooperation amid global challenges
The Central Bank of the Philippines reported that Monetary Board Member Rosalia V. De Leon co-chaired the 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting in Samarkand, where members reaffirmed their commitment to regional financial cooperation amid global economic challenges and issued a joint statement. Officials reviewed initiatives under the Chiang Mai Initiative Multilateralization, the ASEAN+3 Macroeconomic Research Office, the Asian Bond Markets Initiative and cross-border digital payments. De Leon also co-led the inaugural Central Banking Dialogue on cross-border payments and regional payment connectivity, underscoring the role of efficient, interoperable payment systems in supporting trade, remittances, financial inclusion and financial stability.