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      This conference served as a forum for Ministers and Central Bank Governors from Asian countries, academics, and IMF and JICA staff, and 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 and (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.

      Monday, February 13, 2023

      Time shown below is in Japan Standard Time (UTC/GMT +9)

      19:00-21:00

      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

      8:30–9:00

      Registration

      9:00–9:20

      Welcome Remarks:

      • Akihiko Tanaka, President, JICA
      • Kenji Okamura, Deputy Managing Director, IMF
        Speech

      Opening Remarks:

      • Masato Kanda, Vice Minister of Finance for International Affairs, Ministry of Finance, Japan

      9:20–9:30

      Photo Session

      SESSION I

      Economic Setbacks from the Pandemic and Fiscal Policies During the Exit Stage

      9:30–10:45

      Economic Setbacks and Policy Responses During the Pandemic: The State of Fiscal Affairs and New Challenges for Inclusive Growth in Developing Asia

      Moderator:

      • Akihiko Yoshida, Director, OAP, IMF

      Presenters:

      • Krishna Srinivasan, Director, Asia Pacific Department (APD), IMF
        Presentation
        Scene-setting overview of economic and related fiscal challenges that have emerged in developing Asia during the pandemic—e.g. scarring, erosion of fiscal space, debt burdens, reform delays, key lessons from countries’ fiscal and related policies during the pandemic.
      • Vítor Gaspar, Director, Fiscal Affairs Department (FAD), IMF
        Presentation
        Scene-setting 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
        Presentation
        Introducing 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
        Presentation

      10:45-11:00

      Coffee Break

      11:00-12:15

      Fiscal Policy During the Exit from Pandemic: Public Financial Management and Budget Policies for Fiscal Sustainability and Inclusive Growth

      Moderator:

      • Akihiko Yoshida, Director, OAP, IMF

      Presenters: 

      • Sri Mulyani Indrawati, Finance Minister, Indonesia
        Presentation
      • Kenneth Henry Kang, Deputy Director, SPR, IMF
        Presentation
      • Cigdem Aslan, Division Chief, FAD, IMF
        Presentation

        Transformative fiscal policies and PFM practices to help drive an inclusive recovery (gender, green and SDG budgeting); medium-term fiscal frameworks and fiscal rules; how best 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.

      Discussants:

      • 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
        Presentation

      12:15–13:15

      Lunch

      SESSION II

      The role of Fiscal Policy in Addressing Climate Change Challenges and Ensuring a Shift to a More Resilient Economy 

      13:15–14:15

      Fiscal Policies to Support Climate Goals and Climate Finance in the Post Pandemic Era

      Moderator:

      • Vítor Gaspar, Director, FAD, IMF

      Presenters: 

      • Era Dabla-Norris, Assistant Director, APD, IMF
        Presentation
      • Hiromichi Muraoka, Senior Deputy Director General, Southeast Asia and Pacific Department, JICA
        Presentation
      • Ibrahim Ameer, Minister of Finance, Maldives

        A discussion of 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

      Discussants:

      • 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

      14:15–15:15

      Invest More and Better toward Resilient UHC in Asia and Pacific

      Moderator:

      • Makoto Tobe, Senior Advisor, Human Development Department, JICA

      Presenters: 

      • Makoto Tobe, Senior Advisor, Human Development Department, JICA
        Presentation
      • Saeda Makimoto, Principal Research Fellow, Ogata Sadako Research Institute for Peace and Development, JICA
        Presentation
        Key lessons from response experiences during COVID-19 pandemic for resilient UHC, focusing on health financing and governance (including research findings)
      • Pum Huot, Undersecretary of State, Ministry of Economy and Finance, Cambodia
        Presentation
      • Vandine Or, Secretary of State, Ministry of Health, Cambodia
        Presentation

      Discussant:

      • Shaikh Moniruzzaman, Joint Secretary, Ministry of Finance, Bangladesh

      15:15–15:45

      Coffee Break

      SESSION III

      Roundtable Discussions and Concluding Remarks

      15:45–16:45

      Roundtable Discussions

      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

      16:45–17:00

      Closing Remarks

      • Tadashi Yokoyama, Senior Vice President, JICA     
      • Krishna Srinivasan, Director, APD, IMF