Conference seeks to recover growth in ASEAN post-COVID-19

A joint SBV-IMF high-level conference, themed “Securing Growth and Resilience in the ASEAN: Policies for the Post-COVID-19 World”, was held in Hanoi on November 10.
Conference seeks to recover growth in ASEAN post-COVID-19 ảnh 1At the event (Photo: VNA)

Hanoi (VNA) – A joint SBV-IMF high-level conference, themed “Securing Growthand Resilience in the ASEAN: Policies for the Post-COVID-19 World”, was held inHanoi on November 10.

Asone of the activities on the sidelines of the 37th ASEAN Summit, theevent was jointly organised by the State Bank of Vietnam (SBV) and the InternationalMonetary Fund (IMF).

Speakingat the event, Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh expressed his belief thatthe conference will help ASEAN leaders outline policies to bring the region outof crisis and promote resilience, economic recovery and inclusive growth.

SBVDeputy Governor Nguyen Thi Hong spoke highly of active collaboration between IMFand ASEAN, stressing that the finance-banking sector plays an important role inpropelling growth and improving economic resilience in the region.

Sheinformed that the SBV has performed monetary policies synchronously to help theVietnamese economy overcome difficulties, including offering lending rate reductions andexemptions as well as restructuring debts.

ASEAN member states need to continue offering mutual support tomaintain a strong political-economic community in line with the theme of ASEAN Year 2020“Cohesive and Responsive”.

IMFGeneral Director Kristalina Georgieva said during the process of recoveringfrom the COVID-19 crisis, ASEAN will be a source of inspirations to boost globalcooperation and building a better world.

Followingthe opening ceremony, delegates looked into policy response during and afterthe pandemic./.

VNA

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