Economic and Financial Stability
CAREC will promote policy dialogue and regional learning on macroeconomic policy coordination, including forging appropriate countercyclical policy responses at the regional level during periods of economic crisis. By setting up a forum to exchange experience and lessons, CAREC will support national banking and capital market regulators’ needs to exchange data, intelligence, and develop and implement agreed common practices. CAREC will also promote reforms to attract greater private sector investment, including cross-border investment in member countries.