MoEF to Conduct Online Financial Policy Training for Mid-Level Asian Officials from 27th to 29th

[Sejong=Asia Economy Reporter Kim Hyunjung] The Ministry of Economy and Finance will conduct a financial policy training program for mid-level public officials from Asia in a non-face-to-face format from the 27th to the 29th of this month.

This program, which started in 2006 to strengthen financial cooperation between Korea and ASEAN and Central Asian countries, has seen a total of 358 participants from 15 countries complete the training course over 15 years until last year.

In its 16th session this year, 23 mid-level officials from the ministries of finance and central banks of 10 countries will participate. Considering the COVID-19 situation, expert lectures and discussions will be conducted online as was done last year. The participating countries are Cambodia, Laos, Malaysia, Myanmar, the Philippines, Thailand, Vietnam, Mongolia, Kyrgyzstan, and Kazakhstan.

Starting with a keynote speech on the 27th by former OECD Ambassador Heo Kyungwook (on global and Asian financial safety nets), six institutions including the Bank of Korea, the Financial Supervisory Service, and the Korea Exchange will share Korea’s financial policy experiences and financial system know-how. Participants will also have time to introduce their own countries’ financial systems and discuss regional financial situations.

The Ministry of Economy and Finance plans to resume face-to-face training courses once the COVID-19 situation improves.