Indonesian Finance Minister Sri Mulyani Indrawati (third, left) delivers her speech as Indonesia's Central Bank Governor Perry Warjiyo (right) listens during opening session of the Association of Southeast Asia Nations (ASEAN) Finance Ministers and Central Bank Governors Meeting in Jakarta, Indonesia, Aug 25, 2023. (PHOTO / AP)

JAKARTA - The ASEAN (the Association of Southeast Asian Nations) finance ministers and central bank governors on Friday reiterated their commitment to jointly restore and rebuild the regional economy, especially through digital economy development.

Under Indonesia's ASEAN chairmanship, the commitment was concluded on the last day of the ASEAN Finance Ministers and Central Bank Governors Meeting held in Jakarta from Aug 22 to Aug 25.

Indonesian Finance Minister Sri Mulyani Indrawati said the ASEAN Finance Ministers and Central Bank Governors Meeting underlines the importance of strengthening ASEAN's macroeconomic policy mix, which encourages member states to utilize the digital tools available to access financial markets in the region

Indonesian Finance Minister Sri Mulyani Indrawati told a press conference after the closing of the meeting that the forum underlines the importance of strengthening ASEAN's macroeconomic policy mix, which encourages member states to utilize the digital tools available to access financial markets in the region.

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On the same occasion, Perry Warjiyo, governor of Indonesia's central bank, said financial cooperation among ASEAN members should focus on promoting recovery.

"This can be done by advancing payment connectivity, encouraging digital financial literacy and supporting inclusive economic growth through digital economy. We should also promote sustainable finance and green economy," Warjiyo said.

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To support the achievement of sustainable long-term growth in the ASEAN region, Sri Mulyani said the finance ministers and governors agreed to increase infrastructure financing through the repositioning of the ASEAN infrastructure fund into the ASEAN Green Fund.