AMRO and IMF Extend Cooperation for Regional Economic Stability

The ASEAN+3 Macroeconomic Research Office (AMRO) and the International Monetary Fund (IMF) have renewed their Memorandum of Understanding for three years, extending cooperation until 2029. This agreement aims to enhance surveillance and dialogue on regional economic and financial stability, particularly amidst a challenging global economic environment. The collaboration is crucial for strengthening financial safety nets and ensuring seamless support when economies face strain.