62nd SEACEN Governors’ Conference: Myanmar delegation attends the conference in Vientiane

A Myanmar delegation led by Dr. Khin Naing Oo, Governor of the Central Bank of Myanmar, attended the 62nd SEACEN Governors’ Conference and the 46th Board of Governors Meeting, held on 12 and 13 November in Vientiane, Lao PDR.

The events were hosted by the South East Asian Central Banks (SEACEN) Research and Training Centre and the Bank of the Lao PDR. At the 62nd SEACEN Governors’ Conference on 12 November, Governor of the Bank of the Lao PDR Mrs. Bounkham Vorachit and Executive Director of SEACEN Research and Training Centre Dr. Cynyoung Park delivered opening remarks.

Deputy Chief Economist of the World Bank Group, then made a presentation entitled “Global Economic Imbalances and Their Implications for Financial Stability and Long-Term Growth in Asia.” 

The attendees then exchanged views on the issues presented. During 1st and 2nd sessions, discussions were made on Asia’s Savings, investment gaps, risks arising from current global financial flows, the impact of external shocks on exchange rates, domestic prices, capital flows, and financial stability.

The discussions also emphasized the importance of financial sector development, effective macroeconomic management, sound financial regulations, and risk monitoring in strengthening economic resilience. Moreover, the speakers underscored the key role of central banks in maintaining monetary and financial stability and supporting sustainable economic growth.

In the 3rd session, a discussion was made highlighting the important role of institutional investors, including pension funds, insurance companies, and investment funds, in mobilizing savings and providing long-term financing for productive investments.

The speaker emphasized the need for appropriate regulatory frameworks, transparent markets, strong governance, and effective risk management to promote responsible investment and strengthen confidence in financial markets.

In addition, the importance of strengthening international dialogue, policy coordination, and cooperation among central banks and relevant institutions to mitigate cross-border risks were addressed. Subsequently, a high-level panel discussion was held on the role of central banks in promoting financial innovation and an inclusive, sustainable financial system.

The panelists highlighted the benefits of digital financial services in improving financial access, payment efficiency, and financial inclusion, while emphasizing the need for safeguarding against cybersecurity threats, consumer risks, and operational vulnerabilities. They also stressed the importance of balancing financial stability with responsible innovation.

At the 46th Board of Governors Meeting on 13 November, Executive Director of SEACEN Research and Training Centre Dr. Cynyoung Park presented the 2026 strategic plan implementation, proposed budget, capacity-building programmes, management matters, and proposed activities for 2027.

The governors of the 19 member central banks provided guidance on future activities and approved the matters submitted.