Boracay: The Association of Southeast Asian Nations (ASEAN) Senior-Level Committee (SLC) on Financial Integration and Related Meetings officially commenced on the picturesque Boracay Island, located in Malay, Aklan.
According to Philippines News Agency, the two-day event is hosted by the Philippines, with the Bangko Sentral ng Pilipinas facilitating the gathering. The meeting brings together senior officials from ASEAN central banks aiming to enhance regional financial cooperation and further financial integration across the ASEAN region.
On the first day, the SLC Task Force for Sustainable Finance and the Steering Committee for Capacity Building focused discussions on sustainable finance initiatives and regional capacity-building programs. These discussions set the stage for ongoing efforts to promote sustainable economic growth within the region.
The 31st SLC on Financial Integration is scheduled for March 6 and will be co-chaired by Bank Indonesia and the State Bank of Vietnam. The meeting will address ASEAN Chair priorities for 2026, along with global and regional economic and financial developments and their outlook. Additionally, the committee will review the progress of ASEAN working committees' initiatives aimed at enhancing financial integration in the region.
The outcomes of these meetings will be presented at the ASEAN Finance Ministers' and Central Bank Governors' Meeting scheduled for April.