Jakarta, May 5 -- The 28th ASEAN+3 Finance Ministers' and Central Bank Governors' Meeting (AFMGM+3) emphasized their shared commitment to preserving stability and enhancing regional integration and resilience through a number of initiatives.

The initiatives include strengthening the funding structure of the Chiang Mai Initiative Multilateralization (CMIM) currency swap arrangement.

They further include bolstering regional financing arrangements through amendments to the CMIM agreement for the operationalization of the Rapid Financing Facility (RFF).

"This is in line with Bank Indonesia's support for strengthening the CMIM framework, so that CMIM remains responsive, flexible and can help member countries overcome future challenges," BI ...