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ASEAN strengthens external resilience to face global spillovers: BI

The Governor of Bank Indonesia (BI), Perry Warjiyo, stated that the Association of Southeast Asian Nations (ASEAN) is enhancing its external resilience to cope with global spillovers. According to Warjiyo, the ASEAN countries have taken several steps to increase their economic resilience, including implementing macroprudential policies, enhancing regional financial arrangements, and strengthening the digital economy. He added that ASEAN's external resilience is expected to continue to improve, allowing the region to better withstand external shocks and sustain economic growth.

April 03, 2023