"This year, Indonesia will address the issue of financial support for food security, which will be presented at the ASEAN Summit," said Yogi Rahmayanti, Head of the Regional and Bilateral Policy Center of the Finance Ministry, in Jakarta on Monday.
She mentioned that the issue of food security was previously discussed during the Joint Forum on Food Security in Yogyakarta on July 17. The forum was one of a series of AFMGM activities at the working group level.
Through the forum and other AFMGM activities, Indonesia aims to create guidelines on food security that can serve as a reference for ASEAN countries.
She added that each ASEAN country can anticipate and address its own food security situation.
Following discussions on food security issues, the next step is to seek funding support, she said.
"We will discuss funding support next. This issue will be addressed by the cross-sectoral committee," she added.
Indonesia has initiated the 2nd AFMGM to convene ASEAN finance ministers and central bank governors to monitor progress toward the goals set during the 1st AFMGM and discuss global issues and common economic challenges.
The 2nd AFMGM will focus on three priority economic deliverables (PED): recovery and rebuilding, the digital economy, and sustainability.
The 1st AFMGM meeting discussed three priority agendas in the ASEAN Financial Track, namely local currency transactions (LCT) and cross-border payments, cooperation in finance and health, and food security.
Related news: ASEAN-BAC hopes for food security cooperation with Russia, India
Related news: Financial sector's role crucial in improving ASEAN food security: Govt
Translator: Imamatul S, Kenzu
Editor: Anton Santoso
Copyright © ANTARA 2023