Joint Statement of the Twenty-ninth ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (29th AFMGM+3)
Samarkand, Uzbekistan, 3 May 2026
- The 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) took place on 3 May 2026 in Samarkand, Uzbekistan under the Co-Chairship of H.E. Joven Z. Balbosa, Undersecretary of the Department of Finance of the Philippines, H.E. Rosalia V. De Leon, Monetary Board Member of the Bangko Sentral ng Pilipinas, H.E. KATAYAMA Satsuki, Minister of Finance of Japan, and H.E. HIMINO Ryozo, Deputy Governor of the Bank of Japan. The Director/CEO of the ASEAN+3 Macroeconomic Research Office (AMRO), the President of the Asian Development Bank (ADB), the Deputy Secretary-General of ASEAN Secretariat, and the Deputy Managing Director of the International Monetary Fund (IMF) were also present at the meeting.
- We are pleased to welcome Timor-Leste’s accession as the 11th Member State of ASEAN and its participation in this meeting. To support Timor-Leste’s engagement with the ASEAN+3 Finance Process, we task the Deputies, with AMRO’s support, to facilitate a deeper understanding of the respective frameworks of AMRO and Chiang Mai Initiative Multilateralisation (CMIM).
- We exchanged views on the current global and regional economic development and outlook, as well as policy responses to evolving risks. We recognize the declaration set out in the ASEAN+3 Leaders’ Statement on Strengthening Regional Economic and Financial Cooperation, and remain committed to deepening collaboration through the CMIM, AMRO, Asian Bond Markets Initiative (ABMI), Disaster Risk Financing Initiative (DRFI), and ASEAN+3 Future Initiatives – including cross-border digital payments and enhanced high-level dialogue platforms such as the Fiscal Exchange and Central Banking Dialogue.
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See the full statement here.
Photo credit: AFMGM+3 Co-Chairs
