Regional Development: Fiscal Risks, Fiscal Space, and the Sustainable Development Goals

A Conference Jointly Organized by the IMF and Japan International Cooperation Agency (JICA)

International Conference Hall, JICA Research Institute, Tokyo, Japan
February 1–2, 2017


Wednesday, February 1
19:30 - 21:30
Welcome Dinner
(Venue: Edo Room, The Main, 1F, Hotel New Otani)

  • Yasushi Kanzaki, Senior Vice President, Japan International Cooperation Agency (JICA)
  • Chikahisa Sumi, Director, Regional Office for Asia and the Pacific (OAP), International Monetary Fund (IMF)
Thursday, February 2
8:30 - 9:00
9:00 - 9:45
Keynote Speech
  • Masatsugu Asakawa, Vice Minister of Finance for International Affairs, Ministry of Finance, Japan
  • Mitsuhiro Furusawa, Deputy Managing Director, IMF
  • Shinichi Kitaoka, President, JICA
9:45 - 10:00
Photo Session
10:00 - 12:00
SESSION I: Fiscal Risks and Fiscal Management – Assessing Domestic and Exogenous Risks, and Coping with Fiscal Risks by Establishing Resilient Fiscal Management
10:00 - 11:00
A. Fiscal Risks and the Fiscal Risk Management

Moderator: Alex Mourmouras, Division Chief, ASEAN 1 Division, APD, IMF

Presenter: Brian Olden, Deputy Division Chief, Fiscal Affairs Department (FAD), IMF


  • Ahmed Mazin, Chief Funds Executive, Ministry of Finance and Treasury, Maldives
  • Nara Bahadur Thapa, Executive Director, Nepal Rastra Bank
  • Kenichiro Kashiwase, Senior Economist, OAP, IMF 


10:45 - 11:15
Coffee Break
11:15 - 12:00
B. Public Financial Management in Resource Rich Countries

Moderator: Koki Hirota, Chief Economist, JICA

Presenter: Noriharu Masugi, Director, Governance Group, Industrial Development and Public Policy Department, JICA


  • Tsue Ing Yap, Acting Executive Director, Monetary Authority of Brunei Darussalam
  • Gombojav Zandanshatar, Member of Parliament of Mongolia
  • San San Oo, Director, Budget Department, Ministry of Planning and Finance, Myanmar


12:15 - 13:45
13:45 - 15:30
SESSION II: Fiscal Space Towards SDGs – How to Create Fiscal Space for Future Investment Towards SDGs and Real Income Convergence
13:45 - 14:45
A. Fiscal Space

Moderator: Brian Olden, Deputy Division Chief, FAD, IMF

Presentation 1: Fiscal Space

Presenter: Marialuz, Moreno Badia, Deputy Division Chief, FAD, IMF

Presentation 2: Fiscal Space on Financing Universal Health Coverage


  • Teguh Dartanto, Visiting Scholar, JICA Research Institute, and Head of Poverty and Social Protection Research Group Institute for Economic and Social Research (LPEM), University of Indonesia
  • Syed Ehtisham Ahmad, Pao Yu-Kong Professor at Zhejiang University and Senior Fellow at the Center for Development Research at the Univerisity of Bonne and at the LSE


  • Leonard Victor Hasudungan Tampubolon, Deputy Minister for Economic Affairs, National Department Planning Agency, Indonesia
  • Bounleua Sinxayvoravong, Director General, Ministry of Finance, Lao P.D.R
 14:45 - 15:30
B. Convergence in ASEAN and SDGs

Moderator: Masaaki Kaizuka, Executive Director for Japan, IMF

Presenter: Alex Mourmouras, Division Chief, ASEAN 1 Division, ADP, IMF


  • Angsoka Yorintha Paundralingga, Economist, Economic and Monetary Policy Department, Bank Indonesia
  • Soraphol Tulayasathien, Senior Expert, Local Public Finance Policy Dept., Ministry of Finance, Thailand
  • Tuan Ba Truong, Vice President, National Institute for Finance, ministry of Finance, Vietnam


15:30 - 16:00
Coffee Break
16:00 - 17:00

Moderator: Changyong Rhee, Director, APD, IMF


  • Bhutan - Nim Dorji, Secretary, Ministry of Finance; Yangchen Tshogyel, Deputy Governor II, Royal Monetary Authority of Bhutan
  • Cambodia - Seilava Ros, Under Secretary of State, Ministry of Economy and Finance
  • Maldives - Azeema Adam, Governor, Maldives Monetary Authority
  • Mongolia - Gombojav Zandanshatar, Parliament of Mongolia
  • Nepal - Bishnu prasad Krishna, Joint Secretary, Ministry of Finance
17:00 - 17:15
Closing Remarks
  • Chikahisa Sumi, Director, OAP, IMF
  • Yasushi Kanzaki, Senior Vice President, JICA
17:30 - 18:00
Press Conference

  • Chagyong Rhee,Director, APD, IMF
  • Yasushi Kanzaki, Senior Vice President, JICA