The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of Korea in Seoul, addressed challenges from digitisation, artificial intelligence, climate change, and geopolitical tensions. Participants emphasised the need for flexible policies, fiscal and monetary buffers, and regional cooperation to bolster economic resilience amid trade tensions and structural shifts. Sessions covered global economic prospects, geopolitical fragmentation, and policy implications for Asia. Key discussions focused on mitigating risks from financial fragmentation, enhancing value chain resilience, and the importance of labour migration and open borders. The SEACEN Board of Governors appointed Bank of Korea Governor Chang Yong Rhee as SEACEN Chair for 2025 and confirmed Bank Indonesia’s role for 2026. Participants highlighted reforms needed for inclusive, sustainable growth across member economies.
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