The ASEAN+3 Macroeconomic Research Office (AMRO) was set up as a private company in Singapore in 2011, but became an international organisation jointly owned by the member states in February this year, Nomura Munenari, senior operations officer, told The Myanmar Times.
The member states, which include Myanmar, approved a technical assistance framework in April which will rely on voluntary contributions for funding, Mr Munenari said.
“So if the Myanmar authorities request an expert on balance of payments statistics we will find one using the voluntary funds,” he said.
AMRO will concentrate initially on balance of payments assistance because potential recipients identified it as an area of focus during an “informal sounding-out”, Mr Munenari said. (Courtesy of Myanmar Times)
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