Indonesia’s Ministry of Finance published an update on the ASEAN+3 Finance Ministers and Central Bank Governors’ Meeting in Milan, where delegates discussed the global economic outlook, the current policy framework, and ASEAN+3 strategies to deepen collaboration in support of the region’s economy. Finance Minister Sri Mulyani Indrawati underlined her expectation that ASEAN+3 can help ease tensions and create greater certainty amid current global dynamics, and reiterated Indonesia’s commitment to remain an active contributor to ASEAN+3 welfare while building cooperation with the United States and multilateral institutions. She also welcomed discussions on the Chiang Mai Initiative and called for faster progress on efforts to strengthen the regional financial safety net, including initiatives previously advanced by Indonesia and Japan during earlier ASEAN+3 leadership periods.
Ministry of Finance (Indonesia) 2025-05-05
Indonesia’s Ministry of Finance highlights ASEAN+3 discussions on accelerating the Chiang Mai Initiative and strengthening the regional financial safety net
Indonesia’s Ministry of Finance reported on the ASEAN+3 Finance Ministers and Central Bank Governors’ Meeting in Milan, focusing on global economic outlook and regional collaboration. Finance Minister Sri Mulyani Indrawati emphasized ASEAN+3's role in easing tensions and enhancing certainty, advocating for progress on the Chiang Mai Initiative and regional financial safety net. She reaffirmed Indonesia's commitment to ASEAN+3 welfare and cooperation with the U.S. and multilateral institutions.