Amro revamped in agreement struck at IMF meetings

Surveillance unit is transformed into an international organisation

asean-map
ASEAN map

The Asean+3 Macroeconomic Research Office (Amro) is now an international organisation, after its members signed an agreement to that effect on the sidelines of the International Monetary Fund annual meetings on October 10.

The agreement – signed by the 10 Association of Southeast Asian Nations (Asean) member states, China, Japan and South Korea – is expected to enable Amro to "conduct objective surveillance contributing further to regional financial stability", according to a statement published

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