APEC Senior Finance Officials’ Meeting opens in Quang Nam

The event drew the participation of delegates from the World Bank (WB), the International Monetary Fund (IMF), the Asian Development Bank (ADB) and the Organization for Economic Cooperation and Development (OECD).

They set to review all the four policy priorities in 2017, including Long-term Investment in Infrastructure, Base Erosion and Profit Shifting, Disaster Risk Financing and Insurance and Financial Inclusion, which were discussed at the Senior Finance Officials’ Meeting (SFOM) in Ninh Binh province in May.

The Finance Ministers' Process (FMP) will be the focus of the ongoing meeting as well.

The outcomes of the cooperation in the four priorities will be reported to the Ministers on October 21 and a Joint Ministerial Statement will be released on regional cooperation issues, policy themes and directions for the APEC FMP in the coming time.

This is the second time Vietnam has hosted the APEC Year after the first in 2006./. 

By Khanh Phuong