APEC Finance, Central Bank Deputies discuss cooperation priorities for 2017
(VOVWORLD) - The latest updates on the implementation of the Cebu Action Plan (CAP) and financial cooperation progress were the highlight of the APEC 2017 Finance and Central Bank Deputies’ Meeting, which opened in the central coastal province of Quang Nam on Friday.
The delegates agreed on four priorities at the APEC Finance and Central Bank Deputies’ Meeting held in NhaTrang in February, including Long-term Investment in Infrastructure, Base Erosion and Profit Shifting, Disaster Risk Financing and Insurance and Financial Inclusion. Notably, the long-term investment in infrastructure focused on mobilizing long-term capital from the private sector for infrastructure projects, especially mechanisms to assure benefits and minimize risks for private investors participating in Public Private Partnership investment projects.