Thai Finance Minister & BoT Governor in India for AFMGM

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BANGKOK, 7 May 2013  The finance minister and the central bank governor have represented Thailand at an ASEAN+3 Meeting in India, where talks on the regional economic growth and stability topped the agenda. 

Deputy PM and Finance Minister Kittiratt Na-Ranong and Bank of Thailand Governor Prasarn Trairatvorakul have flown to New Delhi, the capital of India, to attend the 16th ASEAN+3 Finance Ministers and Central Bank Governors’ Meeting (AFMGM+3).

At the meeting, participants have discussed global economic circumstances and situation within the region.

All have agreed that the economies of the ASEAN+3 countries look set to further expand towards the end of 2013 despite global economic uncertainties, as a result of strong domestic demand, resilient financial institutions and financial system, and the implementation of appropriate macro-economic policies by respected governments.

Concerning challenges, all countries reckoned the risks from China’s economic expansion and the global financial liquidity problem.

The next AFMGM+3 is scheduled to take place in Astana, the capital of Kazakhstan, in 2014, when Myanmar and Japan will be the co-hosts.