Regional Knowledge Hub
ASEAN+3 Finance Process

ASEAN+3 Macroeconomic Research Office

ANNUAL CONSULTATION REPORT

AMRO’s 2025 Annual Consultation Report on Indonesia

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PRESS RELEASE

Strengthening Policy Synergy for Indonesia’s Stability and Growth

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BLOG

Stronger Together: The Rising Relevance of Regional Economic Cooperation

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BLOG

How China Could Cushion a Trade Shock With Fiscal Policy

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BLOG

Crisis-Proofing the Future: Strengthening the International Financial System

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Contributing to the macroeconomic and financial resilience and stability of the ASEAN+3 region

About AMRO
Videos
Watch: Revitalizing ASEAN+3’s Long-term Growth Momentum
How can ASEAN+3 revitalize long-term growth?
Blogs
Crisis-Proofing the Future: Strengthening the International Financial System
Addressing economic crises requires more than vigilance, it requires agility, innovation, and above all, cooperation.
ASEAN+3 Joint Statements
Joint Statement of the 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (Milan, Italy, May 4, 2025)

Regional Knowledge Hub

Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook 2025

ASEAN+3 Positioned for Resilience Amid Unprecedented Trade Shocks

The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient with the policy space to cushion near-term shocks. However, the outlook for the region faces significant headwinds from an unprecedented escalation of tariffs globally.

This year’s report features three chapters: Chapter 1 presents the near-term economic prospects and key risks for the region, including potential impacts of US trade policies; Chapter 2 analyzes post-pandemic inflation dynamics and their policy implications; and Chapter 3 examines the structural factors behind the region’s declining long-term growth potential, outlining five strategic policy priorities to reinvigorate sustainable economic development across the region.

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Publications and Blogs

Annual Consultation Reports
AMRO’s 2025 Annual Consultation Report on Indonesia
Strengthened domestic demand and a rebound in exports supported Indonesia’s robust growth in 2024.
Blogs
Stronger Together: The Rising Relevance of Regional Economic Cooperation
In recent years, mounting volatility of the global system has underscored the growing importance of regional economic cooperation and integration.
Other Research
Trilateral Economic Report (TER) 2025

News and Media

Get the latest updates on ASEAN+3 macroeconomic and financial developments and learn more about AMRO’s activities.

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Press Releases
Strengthening Policy Synergy for Indonesia’s Stability and Growth
Indonesia’s economy maintained solid growth of 5.0 percent in 2024, underpinned by sustained domestic demand and a rebound in exports and tourism.
Videos
Watch: Is Declining FDI into China a Cause for Concern?
The flow of foreign direct investment into China has declined significantly in recent years. However, a deeper examination of the data shows the situation is more nuanced than it appears.
Press Releases
Hong Kong, China: Navigating Growth Challenges Amid Global Trade Headwinds
The economic momentum in Hong Kong, China softened in 2024 as domestic demand cooled. Growth is expected to remain moderate at 1.9 percent in 2025 amid external headwinds.
Newsletters
AMRO Monthly Roundup - May 2025
AMRO's monthly newsletter features our latest publications, commentaries, and events covering macroeconomic and financial stability issues in ASEAN+3. Subscribe now!

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