Dynamics Develops Fast, Sri Mulyani Invites ASEAN Groups To Strengthen Cooperation

Minister of Finance Sri Mulyani Indrawati. (Photo: Doc. ANTARA)

JAKARTA - Minister of Finance (Menkeu) Sri Mulyani said that the development of the global and regional economy is currently developing very quickly.

According to him, the Minister of Finance and the Governor of the ASEAN Central Bank need to respond quickly and effectively to this change.

"There are some developments here that have met my mind since the last time we met in March. Global geopolitical tensions are still very uncertain or even tend to worsen," he said Opening Speech The 10th ASEAN Finance Ministers and Central Bank Government's Meeting (AFMGM) in Jakarta, Friday, August 25.

Sri Mulyani explained that tensions between the United States and China can be felt by all ASEAN member countries.

So, according to him, regional cooperation in the Southeast Asia Region must be strengthened.

"As close neighboring countries, we cannot choose our neighbors, but we can choose what kind of relationship can provide better and mutually beneficial benefits for all of us. Therefore, ASEAN economists must unite to further strengthen our bonds, collaboration, and involvement to ensure sustainable growth and stability," he said.

It is stated that the intended collaboration is included in long-term policies such as infrastructure financing and economic transition.

In addition, as an area, cooperation between all member countries can encourage investment, trade, and the economy in the ASEAN region.

"As the highest decision-making forum under sectoral institutions, we will all spend a lot of time today in strategic policy discussions related to global issues, regional economic prospects and challenges, as well as several thematic agendas regarding infrastructure financing and financial transitions in the region," closed the Minister of Finance Sri Mulyani.