Speech by Mr Ravi Menon, MAS Managing Director, at Opening Ceremony of AMRO Limited
Genesis of the Chiang Mai Initiative Twelve years ago, we took the first steps in a momentous journey that has led us here today. It was the aftermath of the…
Genesis of the Chiang Mai Initiative Twelve years ago, we took the first steps in a momentous journey that has led us here today. It was the aftermath of the…
ASEAN+3 Macroeconomic Research Office (AMRO) today held its opening ceremony in Singapore. AMRO is the independent macroeconomic surveillance unit of the Chiang Mai Initiative Multilateralisation (CMIM) Agreement, a US$120 billion currency swap arrangement among the Finance Ministries and Central Banks of the ASEAN Member States, China, Japan and Korea (ASEAN+3 countries).
The Advisory Panel of ASEAN +3 Macroeconomic Research Office (AMRO) convened it’s inaugural consultation meeting with AMRO Director, Mr Wei Benhua, on 26 August 2011.
The ASEAN+3 Macroeconomic Research Office (AMRO), which the ASEAN+3 Finance Ministers agreed to establish at the 12th ASEAN+3 Finance Ministers’ Meeting in May 2009, is an independent regional surveillance unit to monitor and analyze regional economies and support Chiang Mai Initiative Multilateralisation (CMIM) decision-making.