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Japan, China, South Korea, ASEAN Boost Regional Financial Safety Net
May 07, 2025
|The Straits Times
Japan, China, South Korea, and the 10 ASEAN countries have agreed to enhance their regional financial safety net by launching a new lending facility aimed at swiftly responding to crises caused by pandemics and natural disasters.
MILAN -
The finance leaders of the so-called ASEAN Plus Three group agreed at their meeting in Milan, Italy, on May 4 to establish the new facility under their currency swap arrangement known as the Chiang Mai Initiative Multilateralisation (CMIM).
هذه القصة من طبعة May 07, 2025 من The Straits Times.
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