Cambodia has been hosting a regional Course on Macroeconomic Diagnostics in Siem Reap cultural province with the participation from 65 relevant officials from 20 central banks that are members of South East Asian Central Banks (SEACEN) to share knowledge and experience on maintenance of macroeconomic stability in each country.

The gathering, which lasts from Oct. 17 to 28, is fundamental and useful in the view of the central bank's function to promote and maintain macroeconomic stability, which has become increasingly challenging in today's economic environment, either at global, regional or domestic level, said H.E. Chea Chanto, Governor of the National Bank of Cambodia (NBC), in his opening remarks.

"Through the experience of past financial crisis, each central bank plays a key role in supporting and leading monetary policy to maintain the macroeconomic stability and interest rate," he added. "Cambodia considers the macroeconomic development and support are very crucial for national development."

The workshop was organised by NBC in cooperation with SEACEN centre and International Monetary Fund (IMF) in Singapore.

Source: Agency Kampuchea Press