ASEAN Finance Ministers' (AFMM)

Once a year, always in first week of April, all ASEAN Finance Minister gather in a meeting. The meeting itself is called ASEAN Finance Ministers' Meeting (AFMM). Before the meeting is held, there also will be held some previous meeting. They are:
1. ASEAN Central Bank Deputies' Meeting (ACDM),
2. ASEAN Finance Deputies' Meeting (AFDM), and
3. Informal AFMM.

The chair of the meeting is the Minister of Finance in which country the meeting will be held. In 2008, the meeting was held in Da Nang, Vietnam. The 12th AFMM was opened by HE. Nguyen Sinh Hung, Vietnam Vice Prime Minister and led by HE. Vu Van Ninh, Vietnem Finance Minister, as the chairman.

Every meeting will make a joint ministerial statement (JMS). In 12th AFMM JMS, Indonesia asked to input the issue for climate change (HE. Sri Mulyani Indrawati, Indonesia Finance Minister could not attend because of parliamentary meeting, Indonesia delegation is led by Hon. A. Fuad Rahmany, Chairman of Capital Market and Financial Institution Supervisory Agency). Climate change threat not only environment, but also global economic. The Finance Ministers have the important role by financial and fiscal policy to follow up the High Level Event on Climate Change for Finance Ministers (HLECC-FM) in Bali, December 2007 to formulate policy and cooperation in climate change adaptation and mitigation.

Begin from 2009, AFMM process will based on single chairmanship as in ASEAN Summit Process pole. So, the chairman for the 13th AFMM is Thailand.