ABOUT AMRO

What We Do

What We Do2018-10-05T02:24:52+00:00

Mission & Vision     |     Core Functions     |     Partnerships     |     Fast Facts

Mission

To contribute to the macroeconomic and financial stability of the region through conducting macroeconomic surveillance and supporting the implementation of the regional financial arrangement.

Vision

To be an independent, credible and professional regional organization acting as a trusted policy advisor to members in the ASEAN

Core Functions

AMRO’s surveillance priorities are: to further strengthen its country surveillance; to enhance its regional surveillance; to develop a comprehensive surveillance framework and analytical toolkits; and to enhance the work on functional and/or sectoral surveillance, and on thematic studies and research.

AMRO’s effort has centered on providing support to members to ensure that the CMIM is operationally ready. Now, the CMIM is equipped with its Operational Guidelines (OG) specifying relevant activation procedures. Test runs have been regularly conducted by members under various scenarios since 2013. The peacetime checklist was drawn up and regularly reviewed in order to monitor member authorities’ preparation for CMIM activation according to the CMIM Agreement and OG. Additionally, AMRO has supported its member authorities in laying the groundwork for the ongoing development of CMIM arrangements, providing advice and recommendations to members for their review on the portion of the IMF de-linked portion and drawing up a plan for the CMIM period review of key terms and conditions of the CMIM.

AMRO’s Technical Assistance (TA) is designed with consideration to the development stage, country-specific environment and policy priorities of ASEAN+3 member economies in order to better meet their needs under a TA Framework. This work aims to create a platform to strengthen members’ macroeconomic surveillance capacities, and facilitate knowledge sharing among members and other international organizations through the programs, namely: Secondment, Consultancy, and Research and Training.

Partnerships

In this highly interconnected world, partnerships are essential to advance its mandate, and to accomplish the maximum impact to realize its goals. In building ties with our partner institutions, AMRO aims to (i) establish and expand regional and global networks so that AMRO can fulfill its mission, vision and core functions, and (ii) bolster its status as the premier international organization in the ASEAN+3 region.

AMRO partners with international organizations, the academic community, knowledge institutions, private financial institutions, global and regional fora, as well as the public and non-governmental sectors.

To this end, AMRO has signed Memoranda of Understanding (MoUs) to institutionalize joint collaboration with the Asian Development Bank, European Stability Mechanism, and the International Monetary Fund.

Related:

AMRO, ADB Sign MOU to Support Increased Regional Economic Growth, Stability

AMRO and ESM Sign Memorandum of Understanding

AMRO, IMF Enhance Cooperation to Support Regional and Global Financial Stability

Fast Facts

Annual Consultation Visits Conducted in 2017

Reports/Studies Published in 2017

Ongoing Technical Assistance Projects

Events Organized/Co-organized in 2017