PM reiterates call for Asian Monetary Fund to be set up

LABUAN BAJO: Prime Minister Datuk Seri Anwar Ibrahim has reiterated his call for the establishment of an Asian Monetary Fund in line with Asean’s initiative to boost the regional economic independence and safety net.

He said such a regional mechanism would be able to better understand the realities and needs of Asean member countries and thus propose more suitable remedial measures.