Closing Remarks of Finance Undersecretary Gil S. Beltran

APEC Senior Finance Officials’ Meeting | 12 June 2015 Bagac, Bataan

Dear APEC Colleagues,

We have, for the past two days, taken intensive discussions on the CAP, its Pillars, and initiatives and deliverables. These discussions have been productive, allowing us to find the specific areas where we could collaborate together under the CAP Framework. Our meeting has identified our goals, set on various time-frames, where we can come together as a group of economies to create an Asia-Pacific that will serve as an engine of global growth and development for the next decade.

The Senior Finance Officials’ Meeting ends today with a broad consensus that inclusive, sustainable growth in the Asia Pacific is within reach. We would like to express our gratitude for providing us with your valuable inputs, views and sharing your country experiences on the topics touched on by the CAP. Each of the four pillars of the Cebu Action Plan is firmly aligned to the challenges and opportunities of the common future we face. We would also like to thank everyone for offering us the avenues by which we could move further with the Cebu Action Plan.

I thank each delegation for their hard work and resolute commitment in refining a CAP that will ensure shared prosperity across the Asia Pacific. I am encouraged by the support we have received and look forward to the next sessions under the Finance Ministers’ Process of this year’s APEC meetings. With the Finance Ministers’ Meeting just a few months ahead, we look forward to your continued support in finalizing the CAP, as we have it ready for presentation at the FMM.

Lastly, we thank everyone for coming here in Bagac for our Meeting. Many of you had to take a long travel time, some even as much as 40 hours. We hope that your stay here has been both worthwhile and memorable.

Thank you very much, APEC colleagues, have a safe journey back to your economies, and see you all again soon.

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