Meeting of SEACEN Executive Committee runs

Ulaanbaatar /MONTSAME/ The 12th meeting of the South East Asian Central Banks Centre (SEACEN) Executive Committee was held September 28-29 in Ulaanbaatar. Chaired by N.Zoljargal, the president of the Bank of Mongolia (BoM), the meeting brought together central banks’ vice presidents and leaders of executive committees of 16 countries such as China, the Republic of Korea and Vietnam and others. At the meeting, the participants reviewed a progress in implementation of SEACEN strategic directions, discussed initiatives, focused on activities and budget of the current operating year, recommending a proposed programme of activities, budget and other operational matters of the SEACEN Centre for the forthcoming operating year. The central banks’ vice presidents noted that the biggest central banks in the world are paying more attention to the economic growth, concluding central banks are transmitting into a new method of realizing the fiscal policy due to a new environment.