The Advisory Panel (AP) consists of not more than six members who are distinguished and respected economists and are appointed by the Executive Committee for a term of two years.

AP members may be reappointed for a single further term of two years. The AP is accountable to the Executive Committee and is independent of the Director and staff of AMRO.

With the mandate of providing timely strategic, technical and professional input to AMRO’s macroeconomic assessments and recommendations to the Director, the AP meets regularly to discuss issues relating to AMRO’s surveillance work.