Money and Finance
Manila Framework Group (MFG)
The Manila Framework Group (MFG) was set up by fourteen (14) Asia-Pacific economies (including Australia, Canada, New Zealand, and the United States) for the purpose of in-depth dialogue on regional economic surveillance and crisis management. The basic objective of establishing the MFG is to enhance the prospects of financial stability of Asian economies.
Finance Ministers and central bankers from the member countries and senior representatives of International Finance Institutions (IFIs) like the IMF and World Bank met to create a new framework of regional cooperation. The IMF and World Bank present the regional economic surveillance reports in the Group meetings.
The fourteen (14) member economies of the MFG are Australia, Brunei Darussalam, Canada, China, Hong Kong SAR, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and the United States.
The MFG was terminated in 2004.
Agreements
- A New Framework for Enhanced Asian Regional Cooperation to Promote Financial StabilityMinistry of Finance - Japan18 Nov 1997
Meetings
- The 8th Finance and Central Bank Deputies Meeting of the Manila Framework GroupMinistry of Finance - Japan28 Mar 2001
- Sixth Meeting of the Manila Framework GroupMinistry of Finance - Japan20 Mar 2000
- Fifth Meeting of the Manila Framework Group [Chairman's Summary]Ministry of Finance - Japan29 Aug 1999
- Fourth Meeting of the Manila Framework GroupMinistry of Finance - Japan26 Mar 1999
