Asian finance chiefs discuss cooperation online amid pandemic


Source: bollyinside.com bollyinside.com

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ASEAN,Indonesia,Covid,finance,Japan,central-bank Free The finance ministers and central bank governors from Japan, China, South Korea and the Association of Southeast Asian Nations gathered online on the sidelines of the three-day annual Asian Development Bank meetings that started in virtual format on the same day. At its annual gathering, the ADB is expected to launch the Asia Pacific Tax Hub, which will be aimed at promoting knowledge sharing and strengthening cooperation on tax policy and administration, to enhance its support for developing nations in the region. The scheme evolved from the Chiang Mai Initiative, the first regional currency swap arrangement launched by...