Achieving Inclusive And Sustainable Growth With Sound Fiscal Management
Monday, February 13, 2023
Time shown below is in Japan Standard Time (UTC/GMT +9)
19:00-21:00
Welcome Dinner
Welcome Remarks:
- Akihiko Tanaka, President, Japan International Cooperation Agency (JICA)
- Kenji Okamura, Deputy Managing Director, International Monetary Fund (IMF)
Tuesday, February 14, 2023
8:30–9:00
Registration
9:00–9:20
Welcome Remarks:
- Akihiko Tanaka, President, JICA
- Kenji Okamura, Deputy Managing Director, IMF
Speech
Opening Remarks:
- Masato Kanda, Vice Minister of Finance for International Affairs, Ministry of Finance, Japan
9:20–9:30
Photo Session
SESSION I
9:30–10:45
Economic Setbacks and Policy Responses During the Pandemic: The State of Fiscal Affairs and New Challenges for Inclusive Growth in Developing Asia
Moderator:
Akihiko Yoshida, Director, OAP, IMF
Presenters:
- Krishna Srinivasan, Director, Asia Pacific Department (APD), IMF
Presentation
Scene-setting overview of economic and related fiscal challenges that have emerged in developing Asia during the pandemic—e.g. scarring, erosion of fiscal space, debt burdens, reform delays, key lessons from countries’ fiscal and related policies during the pandemic. - Vítor Gaspar, Director, Fiscal Affairs Department (FAD), IMF
Presentation
Scene-setting overview of erosion of progress on the SDGs, especially in education, health and climate, and latest estimates of financing needs for SDG implementation. - Koki Hirota, Visiting Fellow, Ogata Sadako Research Institute for Peace and Development, JICA
Presentation
Introducing research on “Estimating Asia’s Social Infrastructure Needs in the Time of COVID-19”.
Discussants:
- Javkhlan Bold, Minister of Finance, Mongolia
- Sitikantha Pattanaik, Executive Director of Reserve Bank of India, India
Presentation
10:45-11:00
Coffee Break
11:00-12:15
Fiscal Policy During the Exit from Pandemic: Public Financial Management and Budget Policies for Fiscal Sustainability and Inclusive Growth
Moderator:
- Akihiko Yoshida, Director, OAP, IMF
Presenters:
- Sri Mulyani Indrawati, Finance Minister, Indonesia
Presentation - Kenneth Henry Kang, Deputy Director, SPR, IMF
Presentation - Cigdem Aslan, Division Chief, FAD, IMF
PresentationTransformative fiscal policies and PFM practices to help drive an inclusive recovery (gender, green and SDG budgeting); medium-term fiscal frameworks and fiscal rules; how best to secure debt sustainability; increasing the efficiency of public investment management; the great financing divide and domestic and external financing options; targeted external support for the fiscal transition and for managing COVID risks in the most vulnerable countries.
Discussants:
- Vanarith Chheang, Director General, Ministry of Economy and Finance, Cambodia
- Tetsuya Kuge, Senior Advisor, Public Governance and Financial Management Team, Governance Group, Governance and Peacebuilding Department, JICA
Presentation
12:15–13:15
Lunch
SESSION II
The role of Fiscal Policy in Addressing Climate Change Challenges and Ensuring a Shift to a More Resilient Economy
13:15–14:15
Fiscal Policies to Support Climate Goals and Climate Finance in the Post Pandemic Era
Moderator:
- Vítor Gaspar, Director, FAD, IMF
Presenters:
- Era Dabla-Norris, Assistant Director, APD, IMF
Presentation - Hiromichi Muraoka, Senior Deputy Director General, Southeast Asia and Pacific Department, JICA
Presentation - Ibrahim Ameer, Minister of Finance, Maldives
A discussion of public perceptions towards climate change and climate policies and policy features that affect support for governments’ policy actions
The role of fiscal policy to achieve climate goals and implementing climate change mitigation policies;
Scaling up financing for climate in the emerging market and developing economies: challenges and opportunities
Discussants:
- Ahmed Jamal, Deputy Governor, Bangladesh
- Ram Prasad Ghimire, Secretary, Ministry of Finance, Nepal
- Masyita Crystallin, Special Advisor for Fiscal and Macroeconomic Policy, Ministry of Finance, Indonesia
14:15–15:15
Invest More and Better toward Resilient UHC in Asia and Pacific
Moderator:
- Makoto Tobe, Senior Advisor, Human Development Department, JICA
Presenters:
- Makoto Tobe, Senior Advisor, Human Development Department, JICA
Presentation - Saeda Makimoto, Principal Research Fellow, Ogata Sadako Research Institute for Peace and Development, JICA
Presentation
Key lessons from response experiences during COVID-19 pandemic for resilient UHC, focusing on health financing and governance (including research findings) - Pum Huot, Undersecretary of State, Ministry of Economy and Finance, Cambodia
Presentation - Vandine Or, Secretary of State, Ministry of Health, Cambodia
Presentation
Discussant:
- Shaikh Moniruzzaman, Joint Secretary, Ministry of Finance, Bangladesh
15:15–15:45
Coffee Break
SESSION III
Roundtable Discussions and Concluding Remarks
15:45–16:45
Roundtable Discussions
Moderator:
- Krishna Srinivasan, Director, APD, IMF
Panelists:
- Benjamin Diokno, Secretary, Department of Finance, Philippines
- Lkhagvasuren Byadran, Governor, the Bank of Mongolia, Mongolia
- Tetsuya Harada, Executive Senior Research Fellow, Ogata Sadako Research Institute for Peace and Development, JICA
16:45–17:00
Closing Remarks
- Tadashi Yokoyama, Senior Vice President, JICA
- Krishna Srinivasan, Director, APD, IMF