Diokno urges stronger ASEAN cooperation for equitable growth

We believe international cooperation is key to equitable progress and shared prosperity, with Southeast Asia being an important node of growth for the global economy

Diokno | photograph courtesy of IBR

Finance Secretary Benjamin Diokno has called on stronger cooperation among member-states of the Association of Southeast Asian Nations to achieve equitable growth in the region.

Speaking before leading multi-national companies in the Southeast Asian region, Diokno said, “We believe international cooperation is key to equitable progress and shared prosperity, with Southeast Asia being an important node of growth for the global economy.”

The speech was made via pre-recorded video by Secretary Diokno, one of the guest speakers at the prestigious 2022 International Business Review ASEAN Awards held in Kuala Lumpur, Malaysia, last month.

With a global economic downtrend looming, a strong US dollar, a Covid-19 surge in China, and the Russian invasion of Ukraine, the former central bank governor believes that the region can withstand all these external shocks.

Secretary Diokno mentioned that healthy competition among regional organizations could be a breeding ground for innovative thinking and pioneering solutions. “Over the long term, we envision an Asian economic community that will provide a strong driver for growth within the region and beyond,” he added.

The International Business Review ASEAN Awards is one of Southeast Asia’s most esteemed corporate awards ceremonies. It honors organizations and leaders who have excelled in their performance while showcasing the best of the region’s public and private sectors.

It gathers leading companies in the ASEAN to celebrate and honor milestones achieved in uplifting their countries’ profiles in the region. This year’s winners were feted for successfully navigating the various crises posed by the pandemic and emerging more robust than before.


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