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IMF Seminars, January 1, 1901
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Bibliographic details
- Published: January 1, 1901
Event overview and objectives
- The conference served as a forum for Ministers and Central Bank Governors from Asian countries, academics, and IMF and JICA staff.
- Focused on two main themes:
- (i) Economic setbacks from the pandemic and fiscal policies during the exit stage with a view to achieve inclusive growth and the Sustainable Development Goals.
- (ii) Role of fiscal policy in addressing the climate change challenges and ensuring a shift to a more resilient economy.
- The event concluded with a high-level Roundtable Discussion.
The event was held on Monday, February 13, 2023 and Tuesday, February 14, 2023. Time shown below is in Japan Standard Time (UTC/GMT +9).
Agenda highlights and participants
- Monday, February 13, 2023
- Welcome Dinner
- Welcome Remarks:
- Akihiko Tanaka, President, Japan International Cooperation Agency (JICA)
- Kenji Okamura, Deputy Managing Director, International Monetary Fund (IMF)
- Tuesday, February 14, 2023
- Registration
- Akihiko Tanaka, President, JICA
- Kenji Okamura, Deputy Managing Director, IMF
- Opening Remarks:
- Masato Kanda, Vice Minister of Finance for International Affairs, Ministry of Finance, Japan
- Photo Session
Session I — Economic Setbacks from the Pandemic and Fiscal Policies During the Exit Stage
- Scene-setting presentations and research
- Krishna Srinivasan, Director, Asia Pacific Department (APD), IMF — overview of economic and related fiscal challenges in developing Asia during the pandemic, including scarring, erosion of fiscal space, debt burdens, reform delays, and lessons from countries’ fiscal and related policies during the pandemic.
- Vítor Gaspar, Director, Fiscal Affairs Department (FAD), IMF — overview of erosion of progress on the SDGs, especially in education, health and climate, and latest estimates of financing needs for SDG implementation.
- Koki Hirota, Visiting Fellow, Ogata Sadako Research Institute for Peace and Development, JICA — research on “Estimating Asia’s Social Infrastructure Needs in the Time of COVID-19”.
- Discussants:
- Javkhlan Bold, Minister of Finance, Mongolia
- Sitikantha Pattanaik, Executive Director of Reserve Bank of India, India
- Fiscal policy and public financial management topics
- Sri Mulyani Indrawati, Finance Minister, Indonesia
- Kenneth Henry Kang, Deputy Director, SPR, IMF
- Cigdem Aslan, Division Chief, FAD, IMF
- Topics covered:
- Transformative fiscal policies and PFM practices to drive inclusive recovery (gender, green and SDG budgeting).
- Medium-term fiscal frameworks and fiscal rules.
- Strategies to secure debt sustainability.
- Increasing the efficiency of public investment management.
- The great financing divide and domestic and external financing options.
- Targeted external support for the fiscal transition and for managing COVID risks in the most vulnerable countries.
- Additional speakers:
- Vanarith Chheang, Director General, Ministry of Economy and Finance, Cambodia
- Tetsuya Kuge, Senior Advisor, Public Governance and Financial Management Team, Governance Group, Governance and Peacebuilding Department, JICA
Session II — The Role of Fiscal Policy in Addressing Climate Change Challenges and Ensuring a Shift to a More Resilient Economy
- Fiscal policies and climate finance
- Presenters:
- Vítor Gaspar, Director, FAD, IMF
- Era Dabla‑Norris, Assistant Director, APD, IMF
- Hiromichi Muraoka, Senior Deputy Director General, Southeast Asia and Pacific Department, JICA
- Ibrahim Ameer, Minister of Finance, Maldives
- Discussion topics:
- Public perceptions towards climate change and climate policies and policy features that affect support for governments’ policy actions.
- The role of fiscal policy to achieve climate goals and implementing climate change mitigation policies.
- Scaling up financing for climate in the emerging market and developing economies: challenges and opportunities.
- Additional panelists:
- Ahmed Jamal, Deputy Governor, Bangladesh
- Ram Prasad Ghimire, Secretary, Ministry of Finance, Nepal
- Masyita Crystallin, Special Advisor for Fiscal and Macroeconomic Policy, Ministry of Finance, Indonesia
- Resilient Universal Health Coverage (UHC) and health financing
- Presenters:
- Makoto Tobe, Senior Advisor, Human Development Department, JICA
- Saeda Makimoto, Principal Research Fellow, Ogata Sadako Research Institute for Peace and Development, JICA
- Focus:
- Key lessons from response experiences during COVID-19 pandemic for resilient UHC, focusing on health financing and governance (including research findings).
- Country perspectives:
- Pum Huot, Undersecretary of State, Ministry of Economy and Finance, Cambodia
- Vandine Or, Secretary of State, Ministry of Health, Cambodia
- Discussant:
- Shaikh Moniruzzaman, Joint Secretary, Ministry of Finance, Bangladesh
Session III — Roundtable Discussions and Concluding Remarks
- Roundtable moderator:
- Krishna Srinivasan, Director, APD, IMF
- Panelists:
- Benjamin Diokno, Secretary, Department of Finance, Philippines
- Lkhagvasuren Byadran, Governor, the Bank of Mongolia, Mongolia
- Tetsuya Harada, Executive Senior Research Fellow, Ogata Sadako Research Institute for Peace and Development, JICA
- Closing Remarks:
- Tadashi Yokoyama, Senior Vice President, JICA
Content in this bundle
- JICA and Corridor Development in South Asia
- Fiscal Challenges Emerging From the Pandemic in Developing Asia: An Overview
- Development Today: New Challenges for Inclusive Growth in Developing Asia
- Estimating Asia’s Social Infrastructure Needs in the time of COVID-19
- Fiscal Policy During the Exit from Pandemic: Strengthening Public Financial Management to Support a Sustainable and Inclusive Growth
- Macroeconomic Prospects in Low-Income Countries – Exit from the Pandemic
- session-1-2-sri-mulyani-indrawati
- Fiscal Policy During the Exit from Pandemic: JICA Global Agenda 13 — Strengthening Fiscal and Financial Foundations, Aiming for Economic Stability and Growth
- Fiscal Policy During the Exit from Pandemic: JICA Global Agenda 13 — Strengthening Fiscal and Financial Foundations, Aiming for Economic Stability and Growth (Markdown version)
- Fiscal Policy During the Exit from Pandemic: JICA Global Agenda 13 — Strengthening Fiscal and Financial Foundations, Aiming for Economic Stability and Growth (PDF)
- Fiscal Policy and Reforms for Post-Recovery Sustainable Growth — Sitikantha Pattanaik
- Fiscal policy and Financing — MURAOKA Hiromichi
- Public Perceptions of Climate Mitigation Policies: Evidence from Cross Country Surveys
- Cambodia Experience and Lessons Learnt from COVID-19 Pandemic: More Investment in Health
- Invest more and better toward resilient UHC in Asia and Pacific
- Cambodia’s Response and Recovery in the COVID-19 Pandemic: Build-back Better towards UHC
- Invest more and better toward resilient UHC in Asia and Pacific — Overview of investment in health toward resilient universal health coverage
- Invest more and better toward resilient UHC in Asia and Pacific — Overview of investment in health toward resilient universal health coverage (Markdown version)
- Invest more and better toward resilient UHC in Asia and Pacific — Overview of investment in health toward resilient universal health coverage (PDF)